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Economy grows at slower pace in second quarter
Fri, 30 Jul 2010 21:51:35 -0700
The economy slowed in the second quarter as a scarcity of jobs eroded consumer spending, leaving the rebound dependent on business investment. Gross domestic product grew at a 2.4 percent annual pace, less than had been forecast, after a 3.7 percent first-... Business - Gross domestic product - Investment - Consumer spending - Economy
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Economy in U.S. Will Probably Keep Cooling as Lack of Jobs Limits Spending
Fri, 30 Jul 2010 21:29:55 -0700
The world’s largest economy will probably keep cooling in the third quarter as a lack of jobs prompts American consumers to rein in spending.
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US economy: Growth slows to 2.4% as consumer spending decelerates
Fri, 30 Jul 2010 14:08:34 -0700
The US economy slowed in the second quarter as a scarcity of jobs eroded consumer spending, leaving the rebound dependent on a surge in business investment.
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Federal estimate shows U.S. economy appears to be slowing
Fri, 30 Jul 2010 21:04:11 -0700
The U.S. economy's growth slowed this spring, according to a closely watched -- but usually heavily revised -- federal statistical estimate. The U.S. Commerce Department's flash estimate of the total of goods and services produced in the country -- the gross domestic product -- showed the GDP grew at an ...
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Economy Grew Less Than Forecast on Wider Trade Gap
Fri, 30 Jul 2010 11:49:02 -0700
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