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RD Today => All the News => Business News => Topic started by: chris on February 27, 2009, 02:59:13 PM

Title: Reuters: U.S. economy shrank at 6.2 percent rate in fourth quarter
Post by: chris on February 27, 2009, 02:59:13 PM
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">
<img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?d=yIl2AUoC8zA" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=8-aPh2-mDcg:IrFvyX63PIo:yIl2AUoC8zA) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=8-aPh2-mDcg:IrFvyX63PIo:F7zBnMyn0Lo" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=8-aPh2-mDcg:IrFvyX63PIo:F7zBnMyn0Lo) <img src="http://feeds2.feedburner.com/~ff/reuters/businessNews?i=8-aPh2-mDcg:IrFvyX63PIo:V_sGLiPBpWU" border="0"></img> (http://feeds.reuters.com/~ff/reuters/businessNews?a=8-aPh2-mDcg:IrFvyX63PIo:V_sGLiPBpWU)
</div><img src="http://feeds2.feedburner.com/~r/reuters/businessNews/~4/8-aPh2-mDcg" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/8-aPh2-mDcg/idUSTRE51Q2OD20090227