US economy likely had its worst year since World War II ...News

Russia Today - Economy
US economy likely had its worst year since World War II
source : Russia Today ( News ) () 10
The US economy is projected to have contracted by as much as 3.6 percent last year. That would be the worst performance since 1946, and the first annual decline in GDP since the Great Recession, economists say. The sharp contraction would follow a 2.2 percent growth in 2019. Economists surveyed by Reuters estimate the fourth quarter GDP to have expanded at a four percent annualized rate. They said that Covid-19 and the lack of another stimulus package diminished consumer spending, and partially overshadowed the robust manufacturing and housing markets. The US Federal Reserve on Wednesday left its benchmark overnight interest rate near

Hence then, the article about us economy likely had its worst year since world war ii was published today ( ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US economy likely had its worst year since World War II )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Shanghai Electric Showcases "The Power of Integration" at WFES 2026, with Full-Scenario Energy Solutions for the Middle East
PR Newswire - before 5 hours & 38 minute
Kenya: Fuel Prices Ease As Decline in Landed Costs Pushes Petrol Down
allafrica - before 4 hours & 59 minute
TetraScience benoemt Matt Studney tot Chief Customer Officer, wat duidt op een verschuiving in de sector richting platformgebaseerde wetenschappelijke AI.
PR Newswire - before 4 hours & 15 minute
The Canton Network's Industry Working Group Showcases Expanded 24/7 Global Collateral Mobility on Canton Network
PR Newswire - before 4 hours & 2 minute
The UAE FoodTech Challenge 2026 Winners to Join National Agri-Tech Ecosystem and Support Global Food Security
PR Newswire - before 2 hours & 46 minute
GIGABYTE Showcases Practical AI TOP Utility for Local AI Applications at CES 2026
PR Newswire - before 9 hours & 34 minute
JIOS Aerogel® Secures Hyundai Contract Through New Licensing Model
PR Newswire - before 10 hours & 4 minute
Oil Prices Plunge 3% as Trump Plays Down Prospect of War With Iran
OILPRICE - before 9 hours & 10 minute
Novo Nordisk Foundation grants DKK 5.5 billion to elevate innovation in Denmark and Europe
PR Newswire - before 3 hours & 16 minute
Greenland Turns Into an Alliance Problem, Not a Strategic Asset
OILPRICE - before 10 hours & 55 minute
Weiss Ratings Urges Investors to Sell Boeing, Warner Brothers, Cloudflare and Many Other Popular Stocks
PR Newswire - before 2 hours & minute
Trust, Strategy, and Growth: STARTRADER is the Official Sponsor of the UAE National Cricket Team for ICC 2026
PR Newswire - before 3 hours & 46 minute


Latest News

Livestream: Welcome to the Chinese Century

before 2 minute

The Real AI Talent War Is for Plumbers and Electricians

before 18 minute

U.S. Sanctions Push India's Russian Crude Imports to Three-Year Low

before 27 minute

Lenders expect mortgage availability to increase in early 2026 – survey

before 30 minute

Bybit Alpha Insights: Meme Coin Resurgence Led by Solana Ecosystem

before 35 minute

Trump’s promised manufacturing boom is a bust so far

before 56 minute

Oil falls by more than 2%

before hour & 10 minute

Amperon se asegura inversión de Samsung Ventures para avanzar en la tecnología de pronóstico de energía

before hour & 20 minute

U.S. Sells First Venezuela Oil Cargo for $500 Million

before hour & 26 minute

The other effort to control the Fed

before hour & 53 minute

Weiss Ratings Urges Investors to Sell Boeing, Warner Brothers, Cloudflare and Many Other Popular Stocks

before 2 hours & minute

BitsLab 2025 Audit Annual Summary: 200+ Projects Audited, 2,858 Vulnerabilities Discovered

before 2 hours & 29 minute

The UAE FoodTech Challenge 2026 Winners to Join National Agri-Tech Ecosystem and Support Global Food Security

before 2 hours & 46 minute

India's Coal Output Jumped 3.6% in December

before 2 hours & 53 minute

As AI Investments Surge, CEOs Take the Lead on Decision Making and Upskilling Themselves

before 3 hours & minute