Posts Tagged ‘declining GDP’
Worse Than Expected Figures
Wednesday, March 4, 2009 10:05 No CommentsToday, shares across the UK, US and Europe tumbled after it emerged that in the fourth quarter of 2008, the US economy shrank at the fastest rate ever since 1982, which is far worse than the initial estimation of the US Government.
Between October and December last year, GDP declined at an annual rate of 6.2%, [...]
