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Economy in U.S. Unexpectedly Shrinks as Defense Spending Plunges – Bloomberg

Posted on 31 January 2013 by admin


Bloomberg

Economy in U.S. Unexpectedly Shrinks as Defense Spending Plunges
Bloomberg
The economy in the U.S. unexpectedly came to a standstill in the fourth quarter as the biggest plunge in defense spending in 40 years swamped gains for consumers and businesses. Gross domestic product dropped at a 0.1 percent annual rate, weaker than ...
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