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IPFS News Link • Economy - Economics USA

U.S. Economy Shrank 6.2% Last Quarter, Most Since ’1982

02-27-2009 • Bloomberg.com

The U.S. economy shrank in the fourth quarter at a faster pace than previously estimated as consumer spending plunged, companies cut inventories and exports sank.

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Reported By Jack Gregson

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U.S. Economy Shrank 6.2% Last Quarter, Most Since ’1982

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