Tumblr Icon RSS Icon

Economy ‘nearly stalled’ in final quarter of 2007.

Posted on

"Economy ‘nearly stalled’ in final quarter of 2007."

Share:

google plus icon

The Commerce Department announced today that the “economy almost stalled in the final quarter of last year with a growth rate of just 0.6 percent, culminating its worst year since 2002. … For all of 2007, the economy grew by just 2.2 percent, the weakest performance in five years, when the country was struggling to recover from the 2001 recession.”

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.