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<div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/C.wav' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='US Economy Shrinks at Sharpest Rate Since Great Depression' data-article-id='4929'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='14729'>The United States economy shrank at a yearly rate of 32.9 percent between April and June of this year. </span> <span data-start-time='14729' data-end-time='22313'>It is the worst quarterly contraction in the economy ever recorded.</span> <span data-start-time='22313' data-end-time='37104'>The contraction came as the coronavirus pandemic pushed struggling businesses to close for a second time in many parts of the country. </span> <span data-start-time='37104' data-end-time='43375'>The closures have left millions of Americans out of work.</span> <span data-start-time='43375' data-end-time='50625'>The U.S. Commerce Department released the economic numbers Thursday.</span> <span data-start-time='50625' data-end-time='63292'> Its estimate of the contraction in the Gross Domestic Product (GDP) is the worst since the government began keeping such records in 1947.</span> <span data-start-time='63292' data-end-time='74083'>The decrease comes after a 5 percent drop in economic activity during the first three months of the year. </span> <span data-start-time='74083' data-end-time='86000'>That is when the economy officially entered a recession, ending 11 years of growth, the longest on record in the country.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/4397/C.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=15559 data-hint-location='74083' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/what_is_a_recession.wav'>What is a recession?</div><div class='choices' data-correct-choice='a period of temporary economic decline in two successive quarters'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/a_type_of_bank_account.wav'><span>a type of bank account</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/a_period_of_temporary_economic_decline_in_two_successive_quarters.wav'><span>a period of temporary economic decline in two successive quarters</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/a_period_of_rapid_economic_expansion_and_growth.wav'><span>a period of rapid economic expansion and growth</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/a_large_river.wav'><span>a large river</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=15560 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/what_happened_to_the_us_economy_this_year.wav'>What happened to the U.S. economy this year?</div><div class='choices' data-correct-choice='it shrank'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/it_shrank.wav'><span>it shrank</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/it_grew.wav'><span>it grew</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/it_stayed_the_same.wav'><span>it stayed the same</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/it_expanded.wav'><span>it expanded</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=15561 data-hint-location='37104' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/the_business_closures_have_left_millions_of_americans__blank_.wav'>The business closures have left millions of Americans <span class='blank'>out of work</span>.</div><div class='choices' data-correct-choice='out of work'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/very_busy.wav'><span>very busy</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/out_of_work.wav'><span>out of work</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/extremely_happy.wav'><span>extremely happy</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/4397/very_wealthy.wav'><span>very wealthy</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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