Economy Shrinks

Economy Shrinks At Worse-Than-Expected 6.1 Percent Pace In 1Q

AP | JEANNINE AVERSA | Posted 05.30.2009 | Business


WASHINGTON — Consumers are snapping back to life, kindling springtime hopes that the recession is losing steam. Even though the economy shrank ...

Economy Shrinks In 4Q At 3.8 Percent Pace

AP | JEANNINE AVERSA | Posted 03.02.2009 | Business


WASHINGTON — Battered by layoffs, debts and dread of worse to come, shoppers clutched ever tighter to their wallets in the final three months of...