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Reuters: U.S. economy shrank at 6.2 percent rate in fourth quarter

Started by chris, February 27, 2009, 02:59:13 PM

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chris

U.S. economy shrank at 6.2 percent rate in fourth quarter
      
   
      


WASHINGTON (Reuters) - The U.S. economy contracted more sharply than initially estimated in the fourth quarter, government data showed on Friday, as exports plunged and consumers cut spending by the most in over 28 years amid a severe recession.<div class="feedflare">
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