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US economy shrinks following bad news

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12-23-2008, 09:51 PM

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US economy shrinks following bad news

Figures from the US Commerce Department have revealed today that the US economy contracted at its fastest pace in the July to September period, since the aftermath of the 9/11 terrorist attacks 7 years ago. Gross Domestic Product (GDP), which is used as a measure of economic health, fell by 0.5% in the third quarter, [...]

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