Friday, July 30, 2010

Economists project slower second-half growth

Many economists have lowered their expectations of GDP growth in the second half of the year due to slow job creation, a rocky housing market and sluggish retail sales. Today the government will release its report on output figures for the second quarter, and many economists predict an annualized gain of 2.6%, a dip from 2.7% in the first quarter and 5.6% in the fourth quarter of last year. The New York Times (free registration) (7/29)
Click heading for full story

No comments:

Post a Comment