Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Coronavirus Pummeled the Economy in Q1

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

U.S. real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter ended March 31, a greater decline than some forecasts, according to the advance estimate released Wednesday by the Bureau of Economic Analysis (BEA). By comparison, real GDP, adjusted for inflation, increased 2.1 percent in the fourth quarter…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!