Friday, July 29, 2011

U.S. GDP Grows At Annual Rate Of 1.3 Percent In Second Quarter, Missing Expectations

U.S. GDP Grows At Annual Rate Of 1.3 Percent In Second Quarter, Missing Expectations
Us Gdp

The economy grew less than expected in the second quarter as consumer spending barely rose amid higher gasoline prices, and growth braked sharply in the prior quarter, a government report showed on Friday.

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