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Recession looms

9:27 AM MST | February 19, 2008 | Arnold Pearlman

Export figures are based on fob values excluding re-export; import figures on cost, insurance, and freight. Sources: Haver Analytics (New York), based on data from the U.S. Dept. of Commerce and The Federal Reserve Board. Economic growth slowed to a crawl in the final quarter of last year, analysts say. The real value of the GDP advanced at an annualized rate of 0.6%, following a 4.9% increase in the previous three months, according to initial estimates. The first quarter of last year also registered a 0.6% gain, bringing the yearly increase to 2.2%, the slowest...

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