US Q4 2012 GDP -.1%
Wednesday's report from the Commerce Department says the economy shrank at a one-tenth of one percent annual rate in the fourth quarter. That is the worst performance since 2009, during the recession.
The decline is a sharp slowdown from the more than three percent annual growth rate in the prior quarter.
latest report came as U.S. consumers cope with higher taxes and
Washington is considering further spending cuts.