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U.S. economy shrinks at 6.3% pace in 4th quarter of 2008
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20:50, March 26, 2009

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The U.S. economy shrank at an annual rate of 6.3 percent in the final quarter of 2008, weaker than the 6.2 percent drop estimated last month and the 0.5 percent decline in the third quarter, the Commerce Department reported Thursday.

Source: Xinhua



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