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What happened to the USA's economic growth? What is the main contributing factor to this change? Discuss in a couple of sentences things that are

  1. What happened to the USA's economic growth?
  2. What is the main contributing factor to this change?
  3. Discuss in a couple of sentences things that are important for the change in the USA's economic growth.

Table 1

RGDP Value in $ Billion
2020 Q1 RGDP $ 18,989.88
2020 Q2 RGDP $ 17,378.71

Note:

Q1: First Quarter

Q2: Second Quarter

Step 3: Use the data in Step 2 to calculate the economic growth from 2020 Q1 to 2020 Q2.

Enter the answer as a percentage (%) in the space below: -8.48

 

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