1. US economy suffers worst quarter since the second world war as GDP shrinks by 32.9%  The Guardian
  2. Coronavirus leads to record drop in German GDP  DW (English)
  3. Germany's economy posts its largest decline since 1970 with GDP shrinking 10% in Q2  Business Insider
  4. U.S. Economy Shrinks at Record 32.9% Pace in Second Quarter  Bloomberg
  5. US Recession Watch, July 2020 - Shapes of the Recovery: J-Curve  DailyFX
  6. View Full coverage on Google News

Coronavirus has plunged the euro zone into a historic recession.Coronavirus has plunged the euro zone into a historic recession.

Coronavirus: Eurozone GDP plunges by 12.1% in second quarter

France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday. France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday. 

French economy sees record drop in wake of coronavirus lockdowns

No doubt the Trump administration is going down a wrong path. If the pandemic continues, the team may eventually not get what it wishes. Make adjustment earlier, join hands with China, and the global fight against the COVID-19 will take a new look immediately. This will be good for everyone, and a plus to the Trump administration.

US cannot have real economic recovery as long as pandemic continues: Global Times editorial - Global Times

Germany’s economy did worse than the U.S. economy last quarter, but liberal journalists are convincing the public otherwise by playing number games.Germany’s economy did worse than the U.S. economy last quarter, but liberal journalists are convincing the public otherwise by playing number games.

Germany's economy fared worse than the US economy, but Trump-hating journalists are mangling numbers to convince you otherwise

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The Commerce Department reports GDP at an annual rate. It makes for easier comparisons in normal times, but greatly overstates the size of short, sharp drops like the one we experienced in the second quarter of 2020.The Commerce Department reports GDP at an annual rate. It makes for easier comparisons in normal times, but greatly overstates the size of short, sharp drops like the one we experienced in the second quarter of 2020.

Second quarter GDP is really bad because of the coronavirus and it’s also confusing - The Washington Post

A coronavirus recession is gripping France, Spain, and the United States. As governments release second quarter annual reports, the countries’ GDP indicate record-breaking lows.A coronavirus recession is gripping France, Spain, and the United States. As governments release second quarter annual reports, the countries’ GDP indicate record-breaking lows.

Coronavirus Recession Takes Hold of US, France, and Spain

Spain, France and Italy suffer double-digit falls in economic output as the pandemic hits jobs and spending.Spain, France and Italy suffer double-digit falls in economic output as the pandemic hits jobs and spending.

Eurozone suffers deepest contraction on record - BBC News

France's economy contracted by a record 13.8% in the second quarter of 2020 under the impact of  the coronavirus lockdown, according to the national statistics institute INSEE.France's economy contracted by a record 13.8% in the second quarter of 2020 under the impact of  the coronavirus lockdown, according to the national statistics institute INSEE.

French economy plunges by almost 14% as Covid-19 lockdown takes its toll

Higher-frequency economic indicators paint a picture not of a building recovery, but of a pandemic-stricken economy at risk of flatlining or declining after regaining some ground Higher-frequency economic indicators paint a picture not of a building recovery, but of a pandemic-stricken economy at risk of flatlining or declining after regaining some ground

Ignore GDP. Here’s What Investors Should Watch for Economic Insights During the Pandemic. - Barron's

The 19-member region as a whole saw a 12.1% contraction in Q2, a hit that could take years to recover from.The 19-member region as a whole saw a 12.1% contraction in Q2, a hit that could take years to recover from.

Europe plunges into a deep recession as COVID-battered economies brace for a second wave – Fortune

The French economy contracted by a post-war record of 13.8% in the second quarter, crushed by a coronavirus lockdown, although the drop was shallower than expected and a bounceback in consumer spending offered hope of recovery.The French economy contracted by a post-war record of 13.8% in the second quarter, crushed by a coronavirus lockdown, although the drop was shallower than expected and a bounceback in consumer spending offered hope of recovery.

Revived French consumer spending offers hope after economy plunges record 13.8% - Reuters

MADRID, July 31 ― Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5 per cent drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed today. The contraction, triggered by one of Europe's...MADRID, July 31 ― Spain recorded a historic fall in GDP in the second quarter of the year, with the 18.5 per cent drop wiping out all the post-financial crisis recovery of the last six years, data from National Statistics Institute showed today. The contraction, triggered by one of Europe's...

Spain enters steep recession, wiping out six years of growth | Money | Malay Mail

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The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.

EU Stoxx 50 Index Poised To Extend Declines Ahead of Eurozone GDP Data

This is the biggest quarterly drop in 70 years, but it could have been worse This is the biggest quarterly drop in 70 years, but it could have been worse

French economy too went into record contraction in second quarter 2020 | Business – Gulf News

Today's numbers highlight many of issues surrounding GDP reporting and estimates. US GDP Down Record 32.9 Percent Earlier today, I noted the US Economy Declines by a Record 32.9 Percent. The economy did not drop by a third. But that is what it looks like when you take quarterly numbers and ...Today's numbers highlight many of issues surrounding GDP reporting and estimates. US GDP Down Record 32.9 Percent Earlier today, I noted the US Economy Declines by a Record 32.9 Percent. The economy did not drop by a third. But that is what it looks like when you take quarterly numbers and ...

US GDP Estimates Proven Useless: It's Time to Replace Them | Forex Factory

According to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +0.4% in July, meeting expectations of +0.2% and +0.3% preAccording to Eurostat’s flash reading of Eurozone CPI report, the annual reading came in at +0.4% in July, meeting expectations of +0.2% and +0.3% pre

Eurozone Preliminary CPI surprises positively with 0.4% YoY in July, EUR/USD uninspired

GDP plunged by 32.9% Here's why it matters and how it may affect negotiations over another round of Covid-19 relief.GDP plunged by 32.9% Here's why it matters and how it may affect negotiations over another round of Covid-19 relief.

GDP Plunged At A 32.9% Rate: Here’s Why It Matters

The euro zone’s economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc’s inflation unexpectedly ticked up in July. In the months from April to June, gross domestic product in the 19-country currency bloc shrank by 12.

Record Decline: Euro Zones GDP Shrank by 14.4% - Novinite.com - Sofia News Agency

Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.Did the GDP really fall by a third in Q2 of 2020? Here's how to understand what's happening to the economy in context.

International Business News: The US economy contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and businInternational Business News: The US economy contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and busin

Covid-19 tanks US economy in second quarter, outlook shaky - Times of India

LONDON: World stock markets were little changed on Friday after almost unremitting bad news of rapidly-shrinking...LONDON: World stock markets were little changed on Friday after almost unremitting bad news of rapidly-shrinking...

World stocks struggle as economies shrink sharply - Newspaper - DAWN.COM

Coronavirus pandemic triggers huge contraction in eurozone economyCoronavirus pandemic triggers huge contraction in eurozone economy

Coronavirus pandemic triggers huge contraction in eurozone economy — RT Business News

A 12.1 percent plunge in Q2 GDP and mounting concerns about a resurgence of infections point to a long recovery.A 12.1 percent plunge in Q2 GDP and mounting concerns about a resurgence of infections point to a long recovery.

Coronavirus lockdowns plunge Eurozone into a record recession | Coronavirus pandemic News | Al Jazeera

This is the largest fall since the beginning of quarterly GDP calculations by the country in 1970This is the largest fall since the beginning of quarterly GDP calculations by the country in 1970

Coronavirus causes record plunge in Germany's GDP during second quarter of 2020 | Euronews

WASHINGTON (Reuters) -- The U.S. economy contracted at its steepest pace since the Great Depression in the second quarter as the COVID-19 pandemiGDP contracts at 32.9% annualized rate as labor market struggled

US economy shrinks at record pace in second quarter - Nikkei Asian Review

Second quarter real GDP declined by 32.9%. That marks the largest single quarter decline in recorded U.S. history, and triples the previous record of -10% in 1958.Second quarter real GDP declined by 32.9%. That marks the largest single quarter decline in recorded U.S. history, and triples the previous record of -10% in 1958.

U.S. GDP falls by a historic 32.9% as the pandemic ravages businesses and forces millions out of work – Fortune

It’s not as bad as it looks!It’s not as bad as it looks!

GDP sinks at fastest rate ever in economy racked by Covid-19 - Vox

More than 1.4M people filed for unemployment benefits for the first time last week, and the GDP reading for the second quarter sank by a record 33 percent.It's the biggest economic contraction on record, dating to 1947.

Economy in reverse: Initial jobless claims rise for second week, GDP falls by record 33 percent

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

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A perfect quarter to look at the absurdity of reporting “annual rates” in the headlines.

No, GDP Didn’t Plunge “32.9%” in Q2, it Plunged a Still Terrible 9.5%: Time to Kill “Annual Rates” | Wolf Street

On Thursday, the government issued its first of three estimates of economic activity, as measured by the gross domestic product, for the April-June quarter***

U.S. economy suffers worst-ever contraction as pandemic takes heavy toll - U.S. News - Haaretz.com

France's economy slumped by a record 13.8% in the second quarter as businesses bore the brunt of a strict coronavirus lockdown that slammed consumer spending, the INSEE statistics agency said today.France's economy slumped by a record 13.8% in the second quarter as businesses bore the brunt of a strict coronavirus lockdown that slammed consumer spending, the INSEE statistics agency said today.

France suffers record GDP plunge in second quarter

Adjusted for inflation and reported by quarterly totals, the economy would have had to contract at three times the observed rate to make it accurate.Adjusted for inflation and reported by quarterly totals, the economy would have had to contract at three times the observed rate to make it accurate.

CNN, MSNBC Anchors Cite Misleading GDP Numbers to Make Disastrous Economic Performance Seem Even Worse | National Review

New data shows that output has fallen to levels not seen since the late 19th and early 20th centuries New data shows that output has fallen to levels not seen since the late 19th and early 20th centuries

Coronavirus: Spain’s economy posts historic 18.5% quarterly fall due to coronavirus lockdown | Economy And Business | EL PAÍS in English

Morgan Stanley predicts America's record-setting GDP plunge in the second quarter will be followed by a record-setting increase the next 3 months.

After a record plunge from April to June, the US economy is set to bounce back, but not all the way

WASHINGTON: The US economy collapsed in the midst of the coronavirus pandemic, suffering the largest decline on record, while hopes for a recovery took another hit as job losses increased, according to government data released Thursday.WASHINGTON: The US economy collapsed in the midst of the coronavirus pandemic, suffering the largest decline on record, while hopes for a recovery took another hit as job losses increased, according to government data released Thursday.

US economy collapsed in Q2 amid pandemic

Spain hit by 18.5pc contraction in second quarter – the worst performance of the major eurozone economies during the pandemicSpain hit by 18.5pc contraction in second quarter – the worst performance of the major eurozone economies during the pandemic

France, Spain and Italy suffer savage economic hit