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U.S. Q4 GDP Declines The Most Since Q1 1982

Discussion in 'Fundamental Analysis' started by ActionForex.com, Feb 27, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Real Gross Domestic Product declined at a 6.2% annual pace in the fourth quarter of 2008, according to the second estimate from the Bureau of Economic Analysis. The 6.2% decline meant the worst quarterly showing for GDP since a 6.4% decrease in the first quarter of 1982.

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