Archives for March 2009

March 2009 - Page 12 of 12 - Money Morning - Only the News You Can Profit From

GDP Contracts 6.2% with Analysts Divided Over a Recovery

By Jason Simpkins Managing Editor Money Morning U.S. gross domestic product (GDP) contracted at a 6.2% annual pace in the fourth quarter of 2008, the most since 1982, the Commerce Department said Friday. The government last month estimated the drop in fourth-quarter GDP at 3.8%.  Friday’s 2.4 percentage-point revision was almost five times as large […]

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