Friday, May 29, 2009
GDP Falls By 5.7% in the First Quarter
WASHINGTON – The economy sank at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into this year. However, many analysts believe activity isn't shrinking nearly as much now as the downturn flashes signs of letting up.
Posted by John L. Feier at 7:27 AM