![]() New York Times |
US Economy Unexpectedly Contracts in Fourth Quarter
Wall Street Journal A one quarter contraction of economic output doesn't mean the economy is formally in recession, but it is unusual for such contractions to happen in the middle of economic expansions. In fact, it has only happened one time in the past fifty years. Read … US Economy Unexpectedly Contracted in Fourth Quarter Yikes! Economy shrank in fourth quarter for the first time since '09 US economy shrinks 0.1 percent, first time since recession ended |