WASHINGTON (Reuters) - The U.S. economy contracted at its sharpest rate since early 1982 in the fourth quarter, revised data showed on Friday, as exports plunged and consumers cut spending by the most in more than 28 years.
Reuters: Top News, Reuters
Fri, 02/27/2009 - 7:03am
WASHINGTON (Reuters) - The U.S. economy contracted at its sharpest rate since early 1982 in the fourth quarter, revised data showed on Friday, as exports plunged and consumers cut spending by the most in more than 28 years.