US GDP fell 5%, and a more serious fall is expected over the next three months, the Associated Press reported.
The Commerce Department said on Thursday the fall in the GDP, the total output of goods and services, from January to March was unchanged from the estimate made a month ago.
The current fall in GDP is the sharpest in the quarter since the financial crisis of 2008 when GDP fell by 8.4% in four quarters.
The first quarter covers only two weeks of restrictions that were imposed in many parts of the country from mid-March.
According to economists, the US GDP fell by about 30% from April to the end of this month.
















