Japan jumps into the growing list of large economies reporting bad GDPs in light of the pandemic’s disruption of most of the world’s economic activities. Consumption, the main driver of Japan’s economy, is severely affected by the outbreak. Third quarterly decline of Japan The third largest economy in the world […]
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US Economic Expansion Disrupted by Steepest Decline In GDP
Second quarter economy for the United States is not looking good, reported to a whopping 32.9 percent annual loss in gross domestic product, a significant steep drop for the world’s largest economy. Epic drop As the pandemic continues to disrupt economic activities from all over the world, the US Department […]