| Breaking news |
| US economy shrunk 2.9 per cent in first quarter |
| The
US economy contracted at a 2.9 per cent annual pace in the the first
three months of 2014, according to a third and final estimate from the
Commerce Department. That is more severe than the second estimate of a 1 per cent contraction and the worst quarter for the US since the first three months of 2009, when the economy was reeling from the financial crisis.http://www.ft.com/intl/fastft |
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Wednesday, June 25, 2014
US economy shrunk 2.9 per cent in first quarter
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