
Recession: GDP explained
By Art Jimenez So after all the efforts and expenses, our gross domestic product (GDP) or national output, still shrunk by a record-high 16.5 percent in the second quarter (April-June) with COVID-19 our unseen enemy, yet on the rampage. To illustrate: Two weeks ago on August 4, DOH reported 112,593 confirmed cases of C19. Two
August 19, 2020
