GDP soars by record 33.1% annual pace in third quarter, but coronavirus resurgence threatens U.S. economic recovery
October 29, 2020 at 07:45 AM EDT
An unshackled U.S. economy soared by a record 33.1% annual pace in the third quarter as it began to recover from the coronavirus epidemic, but the historic rebound in the summer has already tapered off and a fresh viral outbreak threatens to further choke off growth.