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With Reopening, US Economy Begins to Show Signs of Life

With Reopening, US Economy Begins to Show Signs of Life
A waiter at Raku, an Asian restaurant in Bethesda, wears a protective face mask as serve customers outdoors amid the coronavirus pandemic in Bethesda, Md., on June 12, 2020. Sarah Silbiger/Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:

WASHINGTON—The economic recession caused by the COVID-19 pandemic lockdowns is finally starting to show signs of bottoming out. Many forecasters expect a strong bounce in economic activity over the second half of the year, while urging caution due to high uncertainty.

Economic data in March and April revealed the broad damage done by the crisis on the U.S. economy. Many forecasters expect the U.S. gross domestic product to contract by almost 40 percent in the second quarter, a rate not seen in the post-war era.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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