Month

August 2020
The government reported an economic contraction of 34% in the 2nd quarter of 2020 and I’m not so sure how they came up with that. Using the U.S. Bureau of Economic Analysis’s (BEA) raw datasets the annualized change from Q1’s $19.0 trillion economy to a $17.2 trillion economy in Q2 calculates to a contraction of...
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