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Recession Worse Than Thought; GDP Growth Weak

Economy grew just 1.3% over past three months

By Matt Cantor,  Newser Staff

Posted Jul 29, 2011 11:00 AM CDT

(Newser) – We already knew the Great Recession was the worst in decades, but in fact we were even worse off than we thought, new figures show. The economy shrank 5.1% over the course of the recession, from 2007 to 2009—1 percentage point worse than...   Read full story »

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