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Reuters: U.S. economy shrinks, profits plunge in Q4

Started by chris, March 26, 2009, 03:59:14 PM

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chris

U.S. economy shrinks, profits plunge in Q4
      
   
      


WASHINGTON (Reuters) - The U.S. economy shrank at its fastest pace since 1982 in the fourth quarter and corporate profits plunged a record $120.1 billion, pulled down by falling consumer spending and exports, government data showed on Thursday.<div class="feedflare">
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