The U.S. economy unexpectedly contracted in the fourth quarter, suffering its first decline since the 2008-09 recession as businesses scaled back on restocking and government spending plunged. Lucia Mutikani, Reuters Posted on 1-30-2013 at 8:38 AM Tags: U.S. GDP, U.S. Economy
The U.S. economy grew faster than previously estimated in the third quarter as exports and government spending provided a lift, but that boost is likely to be lost amid slowing global demand and a... Reuters Posted on 12-20-2012 at 8:46 AM Tags: U.S. GDP