US reports worst economic plunge on record

People walk by stores, many closed, along River Avenue near Yankee Stadium on July 23, 2020 in the Bronx borough of New York City. Yankee stadium, which is closed to fans due to COVID-19 and social distancing restrictions, was a magnet for traffic to businesses in the area surrounding the famed stadium and many now stand closed or operate on restricted hours. The area of the South Bronx adjacent to the stadium has an unemployment rate of over 21 percent and is one of the country's poorest congressional districts. Major League Baseball will start up tonight to stadiums empty of fans. (Photo by Spencer Platt/Getty Images)

US reports worst economic plunge on record

The US economy contracted at a 32.9% annual rate from April through June, its worst drop on record. CNN's Julia Chatterley reports.

00:55 - Source: CNNBusiness

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People walk by stores, many closed, along River Avenue near Yankee Stadium on July 23, 2020 in the Bronx borough of New York City. Yankee stadium, which is closed to fans due to COVID-19 and social distancing restrictions, was a magnet for traffic to businesses in the area surrounding the famed stadium and many now stand closed or operate on restricted hours. The area of the South Bronx adjacent to the stadium has an unemployment rate of over 21 percent and is one of the country's poorest congressional districts. Major League Baseball will start up tonight to stadiums empty of fans. (Photo by Spencer Platt/Getty Images)

US reports worst economic plunge on record

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