Home Business Coronavirus savages U.S. economy in first quarter; worse still to come Business Coronavirus savages U.S. economy in first quarter; worse still to come By Genpie - April 29, 2020 112 0 Facebook Twitter Google+ Pinterest WhatsApp The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation’s history.