Where Do We Stand?
This week marks the half way point in the fourth and final quarter of 2020. It's been quite a year hasn't it? We began with record economic growth, and record employment. Only to see all that crushed, as a Virus out of China sent the economy into a tail spin.
In the second quarter of the year, the nation's Gross Domestic Product, the measure of all goods and services produced, declined at an annualized rate of 32.9%. The greatest decline in history.
And when all was added up, 22 million Americans lost their jobs.
So that was then. Today's question: where do we currently stand?
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