Growth in US Slows as Consumers Restrain Spending – Businessweek
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Growth in US Slows as Consumers Restrain Spending
Businessweek By Shobhana Chandra on July 27, 2012 The world's largest economy cooled in the second quarter as limited job growth prompted Americans to curb spending while state and local governments cut back. Gross domestic product, the value of all goods and … Cautious consumers, foreign trade curb US Q2 growth Economic growth slows in second quarter as consumers pull back US economic growth slowed to 1.5 pct. annual rate in 2nd quarter as consumer … |
