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U.S. Economy Unexpectedly Contracted in Fourth Quarter

The United States economy contracted unexpectedly in the final quarter of 2012, hurt by weaker exports, a drop in military spending and a slower buildup in inventories.

The Commerce Department said Wednesday that economic output in the quarter fell at an annual rate of 0.1 percent, compared with growth of a 3.1 percent pace in the third quarter.

It marked the economy’s worst performance since the second quarter of 2009.

http://www.nytimes.com/2013/01/31/business/economy/us-econom...



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Yeah, I would have

expected them to keep the economy sort of propped
up until after the election. That seems to be the usual
procedure.

What will be really unexpected is if the economy doesn't
tank in the first quarter.