NBC 5 April 29th COVID-19 Update
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The U.S. economy shrank at a 4.8% annual rate during the first quarter of 2020 as the coronavirus pandemic shut down much of the country. The gross domestic product, the total output of goods and services, saw a quarterly drop for the first time in six years — the sharpest fall since the fourth quarter of the Great Recession of 2008. Forecasters say the drop is a preview of what’s to come in the current quarter that’s seen more business shutdowns and layoffs.
Here’s what else you need to know about COVID-19 in the U.S.:
• There have been more than 1 million coronavirus cases and more than 59,000 deaths.
• President Donald Trump signed an executive order Tuesday under the Defense Production Act to compel meat processing plants to remain open.
• Some antibody tests, which check for prior COVID-19 infection, had high rates of false positives in screenings performed by a consortium of California laboratories, according to a new report.
Posted: April 29th, 2020 under Heathcare News.