US economy contracted in the first quarter for second straight year

Los Angeles TimesUS economy contracted in the first quarter for second straight yearLos Angeles TimesThe economy performed worse than initially estimated in the first quarter, contracting for the second straight year and just the third time since the Great Recession as severe weather, a West Coast ports dispute and the soaring U.S. dollar smothered growth.Economy shrank 0.7% in the first quarterUSA TODAYWill First-Quarter GDP Get Better After It Gets Worse?Wall Street Journal (blog)US economy shrinks in first quarter, raising questions about underlying strengthWashington Post (blog)Reuters -The Guardian -Telegraph.co.ukall 240 news articles »