The latest economic data, including retail sales and payroll reports, combined with the credit crunch mean that the US economy is in a weak state and will take time to recover, the White House said on Wednesday.
131919
Economy will take time to recover:
168387
US economy contracted in the fourth quarter
44075
Brazil's real opens weaker ahead of US jobs data
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US warned it may face new recession
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Banking sector looks weak:
90802
Economic downturn in UK may be easing
73335
Business conditions continue to fall:
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'Stimulus to continue despite robust recovery'
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US continuing to recover from the worst recession:
13768
The economy is not fine
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Restoration of confidence in US financial system will take some time:
12651
``US economy fell into recession last spring''
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US economy shrinks less
65027
Economy showing early signs of recovery:
67663
``It's over'' for US economy:
29724
US economy to gain traction:
4025
Economic slowdown in us leads a decline in pay at Wall Street