US GDP unexpectedly shrinks, decline seen temporary

By Lucia Mutikani

WASHINGTON |
Wed Jan 30, 2013 5:42pm GMT

WASHINGTON (Reuters) – The U.S. economy suddenly engaged in a fourth quarter, pang a initial decrease given a retrogression finished some-more than 3 years ago as businesses scaled behind on restocking and supervision spending plunged.

Gross domestic product fell during a 0.1 percent annual rate after flourishing during a 3.1 percent shave in a third quarter, a Commerce Department pronounced on Wednesday.

That was a misfortune opening given a second entertain of 2009 and showed a economy entering

Read full article: http://www.reuters.com/article/2012/11/21/hp-autonomy-advisers-idUSL1E8MKFV220121121

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Source:
http://www.ezonearticle.com/2013/01/30/us-gdp-unexpectedly-shrinks-decline-seen-temporary/