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What you need to know about economic data

The U.S. economy has been on a downward trajectory since its 2009 peak.The economy contracted by 0.3 percent in the fourth quarter of 2017, the slowest pace since 2010.The nation’s unemployment rate rose to 5.3%, the highest since August 2010.But the unemployment rate has been declining since the beginning of 2018.It was 7.9 percent in