July 22, 2020
The U.S. Bureau of Economic Analysis map shows the percentage rate change in real GDP per state from the fourth quarter of 2019 to the first quarter of 2020.
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Springfield – The Illinois economy shrank at an annual rate of 5.4 percent during the first quarter of 2020 compared to the previous quarter, according to federal data released recently, an indicator of just how severely the COVID-19 pandemic affected commercial activity.