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U.S. fourth-quarter GDP drop biggest since 1982 (Reuters)

Started by riky, February 27, 2009, 07:04:35 PM

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riky

U.S. fourth-quarter GDP drop biggest since 1982
    (Reuters)

 


Reuters - The U.S. economy suffered its deepest contraction since early 1982 in the fourth quarter, shrinking at a much worse-than-expected 6.2 percent annual rate as exports plunged and consumers slashed spending.


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