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First Quarter GDP Contracts 5.7%, Less Than The Initial Estimate

Discussion in 'Fundamental Analysis' started by ActionForex.com, May 29, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Real gross domestic product (GDP) contracted at a 5.7% annual pace in the first quarter of 2009, slower than the 6.1% contraction the Advanced GDP report printed one month ago. Currently, the U.S. Economy is enduring the worst performance since the Second World War. From one year ago, the U.S....

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