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IMF says deeper-than-expected contraction in U.S. 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 deeper-than-expected contraction in gross domestic product in the second quarter, the IMF said on Thursday. [Source]

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Origin: reuters.com

Category: businessNews

Topics: quarter, second, contraction, deeper-than-expected, product, domestic, gross, pointing, mobility, restrictions, rollback, despite, expected, longer, lasted, States, United, lockdown, defacto, likely, economy

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/g25dvIVCujY/imf-says-deeper-than-expected-contraction-in-u-s-economy-likely-in-second-quarter-idUSKBN23P2KN

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