Economy suffers titanic 32.9% plunge in 2nd quarter, GDP shows, and points to drawn-out recovery
July 30, 2020 at 08:45 AM EDT
An economy badly battered by the coronavirus shrank at a record 32.9% pace in the second quarter, underscoring just how big a hole the U.S. finds itself in as it labors to recover from the deepest recession in American history