The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. April 30, 2009 Economy Contracted 6.1% in 1st Quarter -------------------------------------- New figures show the US economy has suffered its largest contraction in fifty years. On Wednesday, the Commerce Department reported gross domestic product saw a first quarter drop of 6.1 percent. It was the first time GDP has fallen three straight quarters since 1975. .