CONTRACTION

CONTRACTION

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  1. Workers assemble a Ford truck at the new Louisville Ford truck plant in Louisville

    US business sector contraction eases in June

    U.S. business activity contracted for a fifth straight month in June, but the pace of decline eased, supporting views that the recession caused by ...
  2. Outbreak of the coronavirus disease (COVID-19) in New York

    IMF says deeper-than-expected contraction in US economy likely in second quarter

    A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on mobility, pointing to a ...