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With all the distractions of the moment, it’s hard to remember that US GDP dropped 33% in the second quarter – the sharpest decline in history.
It looks, though, like the third quarter is poised for one of the biggest economic rebounds, with estimates around 30%, depending on the impact of stimulus programs that have (or have not) been enacted.
The 2020 downturn may not even qualify as a recession. But businesses are split between COVID-sensitive sectors – which aren’t expected to recover anytime soon – and many in B2B, that have been recovering for months...
By Private Capital Call5
44 ratings
With all the distractions of the moment, it’s hard to remember that US GDP dropped 33% in the second quarter – the sharpest decline in history.
It looks, though, like the third quarter is poised for one of the biggest economic rebounds, with estimates around 30%, depending on the impact of stimulus programs that have (or have not) been enacted.
The 2020 downturn may not even qualify as a recession. But businesses are split between COVID-sensitive sectors – which aren’t expected to recover anytime soon – and many in B2B, that have been recovering for months...

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