Forex | Forex | The U.S economy contracts for the fourth time (31/07/2009 14:11:03)

The U.S economy contracts for the fourth time

The U.S commerce department released their Advanced GDP reading for the second quarter of this year, regarding the performance of the world’s leading economy, which contracted on an annual base at 1.0 percent. Therefore, completing a whole year of defaults and narrowing down economical activities in the largest market in the world.   The Yearly percentage eased even more in the second quarter of this year, at an annual base of 3.9% compared with the previous -3.3%, as stated by the


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