Headline RoundupOctober 29th, 2020

U.S. Economy Grew at a Record 33.1% Annual Rate in Third Quarter

Summary from the AllSides News Team

The U.S. economy experienced record growth in the third quarter as the gross domestic product (GDP) rebounded at a 33.1% annualized rate. The increase follows a record decline from earlier in the coronavirus pandemic when shutdowns disrupted business activity. Analysts project the economy will end 2020 smaller than a year before, as the pandemic continues to disrupt lives and commerce.

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