In the three months ending in June, the U.S. economy is expected to return to the scale of the end of 2019 and help the global economic output value exceed the pre-epidemic level for the first time.
According to economists surveyed by The Wall Street Journal, the data scheduled to be released on Thursday will show that, after adjusting for seasonal factors, the U.S. second-quarter gross domestic product (GDP) is converted to an annual rate. An increase of 8.5%. They said that the seasonally and inflation-adjusted GDP of the United States may be higher than the $19.2 trillion in the fourth quarter of 2019. The fourth quarter of 2019 is the last quarter before the spread of the new crown epidemic caused most of the global economy to halt and shrink. . GDP measures the total value of all goods and services produced by an economy.
According to the Organization for Economic Cooperation and Development (OECD) estimates, the Group of Twenty (Group…
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