The US economy grew by 4% in the fourth quarter of last year and shrank by 3.5% in the whole year

The US economy grew by 4% in the fourth quarter of last year and shrank by 3.5% in the whole year

On January 28, employees of an apple store in New York served customers.

Real GDP in the fourth quarter of 2020 grew at an annual rate of 4%, but the economy shrank by 3.5% for the whole year, according to the first forecast released by the US Department of Commerce on the 28th.

Xinhua News Agency (Photo by Guo Ke)

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[correction] [editor in charge: Wen Yanqiong]

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