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  • Economy Shrinks at 6.1 Percent Pace in 1Q

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  • Associated Press
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Economy Shrinks at 6.1 Percent Pace in 1Q

The economy shrank at a worse-than-expected 6.1 percent pace at the start of this year as sharp cutbacks by businesses and the biggest drop in U.S. exports in 40 years overwhelmed a rebound in consumer spending. (April 29)

Associated Press | April 29, 2009Watch more videos from Associated Press

Tags:. .worse. .shrank. .cutbacks











Cutbacks   Shrank   Worse