US economy 'shrank sharply' after winter (2)

Al Jazeera 2014.06.26 00:18
Extreme weather blamed for biggest contraction since recession, but economy tipped to rebound robustly this quarter. Despite Wednesday's news, analysts predict the US economy will show a robust rebound this quarter [AFP] The US economy shrank at a steep annual rate of 2.9 percent in the January- March quarter as a harsh winter contributed to the biggest contraction since the depths of the recession five years ago.
SETBACK, CONTRACTION, REVISION, ECONOMY, ECONOMIST, IMPLANTATION, Dales, USA, Ирак