Forecasters: Economy worse in '09, better in '10
Monday, February 23, 2009 - 10:14
in Mathematics & Economics
WASHINGTON (AP) -- Brace yourself: The recession is projected to worsen this year. The country stands to lose a sizable chunk of economic activity in 2009 as consumers at home and abroad retrench in the face of persistent economic troubles. And the U.S. unemployment rate - now at 7.6 percent, the highest in more than 16 years - is expected hit a peak of 9 percent this year....