Feb 1, 2021 · The COVID-19 pandemic shocked the U.S. economy, impacting economic growth, unemployment, the stock market, and more. Here’s a look back at 2020.

Jan 29, 2021 · The U.S. economy contracted 3.5% on an annual basis in 2020, which is the sharpest annual decline since the end of World War II. It was the worst of times but also the best of times.

Oct 8, 2021 · In two months, March and April 2020, the U.S. economy lost a staggering 21.9 million jobs. Most of those jobs (57%) would return before Trump left office.

Sep 2, 2024 · “By many indicators our economy is the strongest in the world,” Democratic Vice-President Kamala Harris has claimed. Trump, the Republican nominee and former president, says he created the...

Real GDP grew at annualized rate of 33.1% in Q3 2020, following the worst quarterly decline (31.4%) in U.S. history in Q2. GDP. The deficit as a share of GDP has been larger than that only twice between 1946 and 2019. Growth in Q3 would have had to increase than 53% just to make up for the loss in economic output suffered in Q2 and Q1.

Dec 29, 2020 · Helped by stimulus and a slow rollback of virus-related restrictions, the U.S. economy grew at a record 33.4% annualized rate in the third quarter this year. Overall output, however, remains...

May 5, 2022 · In March 2020, the U.S. shut down its economy, shuttering businesses and telling all nonessential workers to stay at home in an attempt to slow the spread of COVID-19.

Jan 28, 2021 · The U.S. economy shrank by 3.5 percent in 2020 as the coronavirus pandemic ravaged factories, businesses and households, pushing U.S. economic growth to a low not seen since the United States...

Economy GDP grew 2.3% in 2019. Monthly unemployment reached a 50-year low of 3.5% in 2019. The economy added 2.1 million jobs in 2019, a 1.4% increase from the total number of jobs at the end of 2018. Median wages increased 0.1% (inflation adjusted) from 2017 to 2018.

Jan 30, 2025 · BEA produces some of the most closely watched economic statistics that influence decisions of government officials, business people, and individuals. These statistics provide a comprehensive, up-to-date picture of the U.S. economy. The data on this page are drawn from featured BEA economic accounts.