U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession
A “Make America Great Again” hat sits on the ground ahead of a speech by U.S. President Donald Trump, not pictured, during a rally in Washington, Michigan, U.S. (Photographer: Daniel Acker/Bloomberg)

U.S. Economy Shrinks at 4.8% Pace, Signaling Start of Recession

(Bloomberg) -- The record-long U.S. economic expansion is over after almost 11 years, with what’s likely to be the deepest recession in at least eight decades now under way.
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