GDP Drops 0.1% in Fourth Quarter
Comstock Images/Thinkstock(NEW YORK) — The U.S. economy shrank last quarter for the first time since 2009, surprising many experts who didn’t expect to see a contraction.According to Commerce Department figures released on Wednesday, gross domestic pr…
GDP Rose 2.2% in First Quarter
Comstock Images/Thinkstock(WASHINGTON) — The U.S. economy expanded at an annualized rate of 2.2 percent in the first quarter, a slower pace than expected, keeping the recovery on track, but failing to generate enough activity to knock down the jobless…