U.S. Economy Slows Sharply As Pandemic Resurges

Posted by on January 28, 2021 8:36 am
Categories: US National Stories

A "store closed" sign is posted at a store in Los Angeles on July 16, 2020. The U.S. economy slowed sharply in the last three months of the year from the previous quarter as the pandemic made a resurgence.

The Commerce Department says the U.S. economy grew just 1% in the last three months of the year, as a surge in coronavirus infections weighed on in-person businesses like restaurants.

(Image credit: Frederic J. Brown/AFP via Getty Images)

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