US economy slowed to a 2% rate last quarter in face of COVID - NewsBreak
By Gesard in Business
Updated 2 years ago
WASHINGTON (AP) — Hampered by rising COVID-19 cases and persistent supply shortages, the U.S. economy slowed to a 2% annual rate in the July-September period, the weakest quarterly growth since the recovery from the pandemic recession began last year. Thursday's report from the Commerce Department estimated that the nation's...