Ezion-geber Site Admin
Joined: 01 Jan 1970 Posts: 5503
|
Posted: Tue Nov 25, 2008 9:19 pm Post subject: Economy shrinks at fastest pace in seven years |
|
|
WASHINGTON (Reuters) - The economy contracted at its fastest pace in seven years in the third quarter as consumer spending plunged to a 28-year low, data showed on Tuesday, raising the specter of a deeper recession.<div class="feedflare">
<a href="http://feeds.reuters.com/~f/reuters/topNews?a=xzXTTgZZ"><img src="http://feedproxy.google.com/~f/reuters/topNews?d=41" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=2u51sHXV"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=2u51sHXV" border="0"></img></a> <a href="http://feeds.reuters.com/~f/reuters/topNews?a=sehbqcQ2"><img src="http://feedproxy.google.com/~f/reuters/topNews?i=sehbqcQ2" border="0"></img></a>
</div><img src="http://feedproxy.google.com/~r/reuters/topNews/~4/MWyAnpxDM4Q" height="1" width="1"/>
Read more... |
|