U.S. economy grew at 33% rate in Q3 but recovery is incomplete

U.S. GDP grew at a record 33.1% annual rate in the July-September quarter, as it continues to recover from a sharp drop due to the COVID-19 pandemic. / AP FILE PHOTO/MARK LENNIHAN
WASHINGTON (AP) – The United States economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in the first half of the year — and the recovery is slowing as coronavirus cases surge and government aid dries up. The Commerce Department’s estimate Thursday of…

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