The U.S. Economy's Worst Drop on Record, Explained

Between April and June, the U.S. GDP shrank by an annual rate of nearly 33% as the coronavirus pandemic ravaged the country. It's the worst single-quarter drop since 1945, when the federal government began reporting such data, but are the numbers as grim as they sound? And what effect did COVID-19 relief efforts, like the $1,200 stimulus checks, have on the economy?

The U.S. Economy's Worst Drop on Record, Explained