1/ The U.S. economy is about 3.5% smaller than it was before the pandemic. While the economy grew 7.4% during July, August, and September from the previous quarter, GDP shrank 1.2% in the first three months of the year, and 9% in the second quarter. At an annual rate, GDP grew by 33.1% in the third quarter as businesses reopened and people increased their shopping. (NPR / CNN / Washington Post / New York Times / Wall Street Journal / Bloomberg / CNBC)
This is a companion discussion topic for the original entry at https://whatthefuckjusthappenedtoday.com/2020/10/29/day-1379/