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Wednesday, June 25, 2014

BREAKING NEWS: Economy contracts at swiftest pace since 2009 in 1Q

The U.S. economy contracted at an annual rate of 2.9 percent in the first quarter, the biggest drop since the first quarter of 2009, from a previous estimate of a contraction of 1 percent. Wall Street expected the world’s biggest economy to shrink by an annual rate of 1.7 percent.


1 comment:

Anonymous said...

Economic Obamanation. Who will stop him?