US GDP falls 33% in Q2

US gross domestic product or GDP dropped 33% in Q2 of 2020. This numbers is represents one of the worst drops in US history and fell much further than both the financial crisis and the end of the second world war which only posted a GDP contraction of less than 2% Vs Q2 2020 of 33%. This came at the same time as unemployment benefit claims rose in the US to 1.43 million as more sunbelt states forced a second round of shutdowns to fight the infection.