Latest News

January 31, 2013 12:00 AM

Fourth-quarter economic decline is 'no reason to panic'

A surprising reversal in the economic recovery -- news that the nation's output shrank ever so slightly late last year -- sent experts scrambling for explanations Wednesday. "There's no reason to panic," said Ryan Sweet, senior economist at Moody's Analytics Inc. "This does not increase the risk of a recession."

Related content

Comments

Videos

More Videos

Tornado damage north of Abilene 00:23

Tornado damage north of Abilene

Artist creates Royals Mural featuring Alex Gordon 02:03

Artist creates Royals Mural featuring Alex Gordon

Dashcam video shows Riverside police stopping man from taking deadly leap off bridge 01:50

Dashcam video shows Riverside police stopping man from taking deadly leap off bridge

Flyover bridge demolition at I-35 and I-435 01:22

Flyover bridge demolition at I-35 and I-435

Crews cut massive bridge girders at the Johnson County Gateway interchange 00:26

Crews cut massive bridge girders at the Johnson County Gateway interchange

New report cites missteps that led to deaths of two Kansas City firefighters 02:15

New report cites missteps that led to deaths of two Kansas City firefighters

Man killed when his car runs him over 01:19

Man killed when his car runs him over

Americans agree, it's time for Obama to visit Hiroshima 02:27

Americans agree, it's time for Obama to visit Hiroshima

Internal report on Kansas City firefighters' deaths expected this week 02:14

Internal report on Kansas City firefighters' deaths expected this week

KC streetcar service suspended because of electrical problem 02:39

KC streetcar service suspended because of electrical problem

Share Video

Editor's Choice Videos