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That loss was higher than analysts had expected because of a slowdown in ad revenue, especially from Internet companies.
That was an improvement from last month, when the government said the outlook was weakening because of a slowdown in overseas economies.
And last quarter it reported a loss of more than $41 million, in large part because of a slowdown in production mostly caused by tightened regulatory oversight.
Fourth-quarter sales volume typically drops off by about 9 percent from the third quarter, because of a slowdown during the holidays.
All developing regions will grow faster than Western Europe and North America, where growth will slacken primarily because of a slowdown in the American economy.
The Index of Leading Economic Indicators declined by 0.1percentt, primarily because of a slowdown in manufacturing and a decline in stock prices, the Conference Board said yesterday.
Similar(6)
Already, sales in the United States have been dropping because of an economic slowdown and the weak dollar, which makes euro-denominated French exports more expensive.
But Harris adds that he thinks the Fed won't act on its bias, because evidence of a slowdown in the economy is likely to surface this year.
"Because the cost of a slowdown in growth is so dramatic relative to that of higher inflation, they should follow the risk-management strategy that Greenspan espoused during the last deflation scare," he said.
At least one hearing got postponed because of the slowdown.
In 2008, two large firms in San Francisco, Thelen and Heller Ehrman, imploded in part because of a business slowdown.
More suggestions(17)
because of a slack
because of a weakening
because of a contraction
because of a recession
because of a drop
because of a delay
because of a slowing
because of a slackening
because of a watch
because of a costume
because of a work
because of a nagging
because of a leg
because of a blood
because of a prison
because of a number
because of a combination
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com