Saturday, January 28, 2006

GDP Nosedive Could Handcuff Bush

Jan. 27, 2006 —  A surprising government report this morning showed U.S. economic growth slowed considerably in the fourth quarter of 2005, an indication that skyrocketing energy prices were hitting consumers' wallets and slowing spending.

The Department of Commerce report showed that the nation's economy grew at an anemic 1.1 percent — the worst performance in three years.

Read On: The final Nail

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