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News Contraction Slows as ‘Sluggish’ U.S. Recovery Nears

Contraction Slows as ‘Sluggish’ U.S. Recovery Nears Contraction Slows as ‘Sluggish’ U.S. Recovery Nears

Submitted by Libertarian | 8 months ago

Bloomberg - The U.S. economy shrank at a better- than-forecast 1 percent annual pace in the second quarter as a jump in government spending masked a deeper retrenchment by consumers.

Tags: The U.S. economy, GDP, economic downturn

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