US GDP shrinks 0.9 pct in Q2 after Q1 contraction
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US GDP shrinks 0.9 pct in Q2 after Q1 contraction
By Xinhua Published: Jul 28, 2022 09:05 PM
The US economy shrank at an annual rate of 0.9 percent in the second quarter after a 1.6-percent contraction in the previous quarter, the US Commerce Department reported Thursday.
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