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Dropped by an idealized rate of 7. 6 percent the largest drop since 980. 00 moreover this is just a preliminary estimate Analysts Expect the eventual number to be far higher than these numbers are for a quarter in which the economic locked down only accounted for a few weeks 2nd quarter g. D. P. Figures for april to june a projected to register a decline of around 30 to 40 percent with some Financial Institutions predicting much much worse the white house is still clinging on to the hope of a v. Shaped recovery helped by a rapid reopening of the u. S. Economy i think theres a tremendous feeling of optimism in this country i think the 3rd quarters transitional that it would were transitioning into but its a very transitional period i think its going to do good but i think the 4th quarter is going to be fantastic but reopening the economy too soon and then facing an ev ....