4 Sale News - US Economy Down 3.8% in 2008 4th Qtr

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US Economy Down 3.8% in 2008 4th Qtr

US Economy Down 3.8% in 2008 4th Qtr

4Sale News Breaking News Alert
Washington, Commerce Department
Friday, January 30, 2009 -- 8:41 AM ET
-----
U.S. Economy Contracted at 3.8% Annual Pace in Fourth Quarter

Though the Commerce Department's preliminary figure for gross
domestic product in the fourth quarter of 2008 showed the
greatest decline in more than 26 years, economists had
forecast much worse.

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