Saturday, February 28, 2009

U.S. economy shrinks at 6.2% pace in fourth quarter of 2008

Special Report:Global Financial Crisis





WASHINGTON, Feb. 27 (Chinese media) -- The U.S. economy

shrank at an annual rate of 6.2 percent in the final quarter of last year, much

steeper than the 3.8 percent drop originally estimated and the 0.5 percent

decline in the third quarter, the Commerce Department reported Friday.



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