Thread: U.S. economy contracting, slow recovery seen: OECD (Reuters)

http://news.yahoo.com/s/nm/20081125/bs_nm/us_oecd_usa]U.S. economy contracting, slow recovery seen: OECD (Reuters)[/URL]



Reuters - The U.S. economy has probably slipped into a recession that will last through the middle of 2009, and recovery will be slow as consumers cut spending to rebuild lost wealth, the OECD said on Tuesday.