GDP Growth Rate Comparison – Quarterly versus Annualized Basis

The second quarter GDP report confused many, but any way you slice it, the economy saw its worst quarter in at least 145 years.

https://www.washingtonpost.com/business/2020/07/30/did-third-economy-really-vanish-just-three-months/

How Bad Was Second Quarter GDP, Really?

https://www.forbes.com/sites/advisor/2020/07/31/how-bad-was-second-quarter-gdp-really/#5cafe66b4430

Related:
https://www.bloomberg.com/opinion/articles/2020-04-10/u-s-second-quarter-gdp-isn-t-really-shrinking-30-by-coronavirus