• Chart: U.S. Economy Sees Sharp Downturn Amid COVID-19 Crisis | Statista

After 23 quarters of uninterrupted growth, the U.S. economy contracted for the first time since 2014 in the first three months of 2020. According to the second estimate released by the U.S. Bureau of Economic Analysis on Thursday, real GDP declined by 5.0 percent in Q1 2020, down from a first, preliminary estimate of 4.8 percent released in late April. This marks the worst contraction since Q4 2008, when U.S. GDP declined by 8.4 percent at the height of the financial crisis.

• Chart: U.S. Economy Sees Sharp Downturn Amid COVID-19 Crisis | Statista