Washington Post

2020 was the worst year for economic growth since the Second World War

Foto: Lee Smith

The U.S. economy shrank by 3.5% in 2020, as the coronavirus pandemic ravaged factories, businesses and households, pushing U.S. economic growth to a low not seen since the U.S. wound down war-time spending in 1946.

Overall, the economy was surprisingly resilient in the second half of the year, given the fall-off at the start of the public health crisis, according to data released Thursday from the Bureau of Economic Analysis. Yet, the 1-percent growth in the fourth quarter signaled a faltering recovery and a long road ahead with 9.8 million jobs still missing and 23.8 million adults struggling to feed their families...

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