US economy contracted in the first quarter for second straight year

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Los Angeles TimesUS economy contracted in the first quarter for second straight yearLos Angeles TimesThe economy performed worse than initially estimated in the first quarter, contracting for the second straight year and just the third time since the Great Recession as severe weather, a West Coast ports dispute and the soaring U.S. dollar smothered growth.Economists React to First-Quarter GDP: 'Even Weaker Than Before, But…'Wall Street Journal (blog)Economy shrank 0.7% in the first quarterUSA TODAYUS economy shrinks 0.7% in first quarter as strong dollar eats into growthThe GuardianTelegraph.co.uk -NBCNews.com -Bloombergall 243 news articles »

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