U.S. GDP sees worst quarterly fall since 1982

03/27/2009 | CNNMoney

The U.S GDP plummeted at an annualized rate of 6.3% in the last quarter of 2008, the sharpest decline of economic activity in 26 years, the Commerce Department reported. The final figure was a little better than the 6.6% drop expected by economists polled by Briefing.com and a little worse than the government's projection of a 6.2% decline.

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