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U.S. economy shrank 4.8% in the 1st quarter amid state shutdowns, millions of layoffs

Paul Davidson, USA TODAYComments Off on U.S. economy shrank 4.8% in the 1st quarter amid state shutdowns, millions of layoffs

The U.S. economy contracted 4.8% in the first quarter as the coronavirus outbreak shut down businesses and sparked millions of layoffs.

      
Paul Davidson, USA TODAY
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