Reuters: U.S. in recession, jobless to peak at 7.5 pct: survey

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U.S. in recession, jobless to peak at 7.5 pct: survey
      

WASHINGTON (Reuters) - The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as high unemployment crimps consumer spending, a survey showed.<div class="feedflare">
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