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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Louis Uchitelle and Edmund L. Andrews / The Bulletin
April 30, 2009
The U.S. economy is contracting at its steepest pace in 50 years, the government reported Wednesday, but an unanticipated rise in consumer spending since January suggested to many economists that the worst of the recession may have passed.
The past six months were brutal. Output fell at a 6.1....