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Statement by Secretary Gutierrez on Third Quarter GDP
Washington (Dec. 23)—U.S. Commerce Secretary Carlos M. Gutierrez released the following statement on the final third quarter real gross domestic product (GDP), which showed that the U.S. economy declined at an annual rate of 0.5 percent in the third quarter of 2008: “Today’s GDP report further demonstrates that our economy continues to face critical challenges that directly affect families, workers and businesses throughout our nation.” (More)
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