Wall Street Journal (05/14/15) Ben Leubsdorf
March was the worst month for the U.S. economy since the financial crisis, although there’s no cause for concern just yet, according to Macroeconomic Advisers. Gross domestic product declined an inflation-adjusted 1.0%, the biggest drop since December 2008, after increasing 0.3% in February. The contraction largely is due to a drop in net exports caused by the resolution of a labor dispute at West Coast ports, and experts believe that the underlying weakness of the economy is being understated.
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