Thursday, April 30, 2009

Obama, on 100th Day, Says He Is ‘Remaking America’ (Update3) - Bloomberg.com

Obama, on 100th Day, Says He Is ‘Remaking America’ (Update3) - Bloomberg.com: "As Obama marked his 100th day, the Commerce Department said the U.S. economy capped its worst six-month slump in more than 50 years, with gross domestic product dropping at a 6.1 percent annual pace during the first quarter of 2009. GDP contracted at a 6.3 percent rate during the last three months of 2008. The latest decline reflected a record slide in inventories and further declines in housing.

Not Surprising"

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