Sharpest decline in 26 years
Economic activity shrank by 3.8% in last three months of 2008, according to the government's gross domestic product report.
By Chris Isidore, CNNMoney.com senior writer
Last Updated: January 30, 2009: 11:10 AM ET
NEW YORK (CNNMoney.com) -- The U.S. economy suffered its biggest slowdown in 26 years in the last three months of 2008, according to the government's first reading about the fourth quarter released Friday.
More ... http://money.cnn.com/2009/01/30/news...ion=2009013011