June 28, 2014

U.S. Economy Shrank in First Quarter by Most in Five Years

The U.S. economy contracted in the first quarter by the most since the depths of the last recession as consumer spending cooled.

Gross domestic product fell at a 2.9 percent annualized rate,.. Read more + video.

Bloomberg

Related,
U.S. Economy Shrinks by Most in Five Years - WSJ

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