As bad as the initial data on the nation's economic health during the final months of 2008 were, the final numbers were even worse.
The gross domestic product fell at an annual rate of 6.3% during the fourth quarter of last year, compared with a .5% decline during the third quarter, of 2008, the Commerce Department announced today.
The drop, which was .1% higher than the department's original estimate issued last month, was largely fueled by declines in consumer spending, business outlays and both exports and imports.
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