U.S. Economy Returns to Pre-Pandemic Growth

By Felix Richter – Statista

When Covid-19 hit the United States with full force in early 2020, thousands of businesses were forced to shut down, millions of Americans lost their jobs within weeks and, as a result, U.S. gross domestic product plummeted by an unprecedented 28 percent in Q2 2020. At the time, there was a lot of uncertainty over how quickly the economy would bounce back, but now, almost four years later, it can safely be said that the recovery has been nothing short of impressive.