GDP fall nearly matches record. Oh, what could have been.
GDP falls much harder than expected: NEW YORK (CNNMoney.com) — The U.S. economy shrank at an annual pace of 6.1% in the first quarter — almost as much as it did in the fourth quarter of 2008, according to a government report Wednesday. The drop was much worse than expected. According to economists surveyed by Briefing.com, expectations were for a drop of 4.7% in gross | Read More »