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U.S. economy shrinks for a 2nd quarter

A man shops at a supermarket on July 27, in New York. The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising recession fears. (AP Photo: Andres Kudacki)

By: The Associated Press

July 28, 2022
3:54 pm

The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.

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