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Cowan s Flowers in Wayne closes after 101 years on Lancaster Ave

Cowan s Flowers in Wayne closes after 101 years on Lancaster Ave
inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.

This Couple Created a Nursery They and Their Child Would Love

U S Economy Expected to Grow This Year After Posting 2020 Contraction

By Harriet Torry and Eric Morath The U.S. economy is expected to have recovered most but not all of its losses last year from the pandemic s initial shock, with growth that resumed in the second half of 2020 projected to pick up steam this year. U.S. gross domestic product figures set to be released on Thursday are expected to show it grew at a 4.3% annual rate in the fourth quarter, according to economists surveyed by The Wall Street Journal. Such an increase would add to the record gain in the third quarter and bring output closer to where it stood before the pandemic hit hard last March.

U S Economy Shrank in 2020 Despite Fourth-Quarter Growth

U.S. Economy Shrank in 2020 Despite Fourth-Quarter Growth © David Zalubowski/Associated Press The U.S. economy grew rapidly in the fourth quarter of 2020 and is forecast to continue recovering this year from the effects of the coronavirus pandemic. Despite a strong rebound in the second half of last year, the economy contracted 3.5% in 2020, measured year over year, the first decline since the financial crisis and the largest since 1946. Measured from the fourth quarter to the same quarter a year ago, the economy shrank 2.5%. U.S. gross domestic product the value of all goods and services produced across the economy rose at a 4.0% seasonally and inflation adjusted annual rate in the final quarter of last year, the Commerce Department said on Thursday, joining a record gain in the third quarter to further reduce losses from earlier in the pandemic.

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