Article posted: 1/30/2013 1:48 PM

US economy shows first shrinkage in 3½ years

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Containers are unloaded from cargo ships at the Port of Los Angeles. The U.S. economy unexpectedly shrank from October through December, the first quarterly drop since 2009 and a reminder of the economy's vulnerability as automatic cuts in government spending loom.

ASSOCIATED PRESS

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The U.S. economy unexpectedly shrank from October through December, the first quarterly drop since 2009 and a reminder of the economy's vulnerability as automatic cuts in government spending loom.