Economy unexpectedly contracts in fourth quarter – Los Angeles Times
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Economy unexpectedly contracts in fourth quarter
Los Angeles Times WASHINGTON — The U.S. economy shrank at a 0.1% annualized rate in the last three months of 2012 amid fears about the fiscal cliff, the Commerce Department reported Wednesday. It was the first time economic growth contracted since the end of the Great … Q4 GDP: Economy Still Facing Headwinds |
