SOURCE / ECONOMY
US economy grows at annualized 33.1 pct in Q3 after sharp contraction in Q2
Published: Oct 29, 2020 09:07 PM

People dine in plastic tents at a restaurant in Manhattan in New York City on Thursday, amid the coronavirus pandemic. Photo: AFP


 
US economic activity in the third quarter grew at an annual rate of 33.1 percent after a sharp contraction in the previous quarter, the US Commerce Department reported Thursday.