Economy in U.S. Grew at 1.1% Rate, Slower Than First Estimated

Economy in U.S. Grew at 1.1% Rate, Slower Than First Estimated Bloomberg The U.S. economy grew less than previously reported last quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish first-half performance propped up mainly by consumer spending. Gross domestic product, the value of ... and more »...(read more)

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