The country’s fiscal health got a gut-check Wednesday after a report by the Commerce Department showed the
The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That was a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.
Big cuts in defense spending, fewer exports and sluggish growth in company stockpiles contributed to the slowdown, the Commerce Department said. The White House said while
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