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Slump Probably Deepened as Credit Froze: U.S. Economy Preview 

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By Timothy R. Homan

Jan. 25 (Bloomberg) -- The worst credit crisis since the Great Depression sent the U.S. economy into a tailspin at the end of 2008 as consumers and businesses retrenched, reports this week may show.

Gross domestic product contracted at a 5.5 percent annual rate from October through December, the biggest drop since 1982, according to the median estimate in a Bloomberg News survey ahead of Commerce Department figures due Jan. 30.