PsyOps
07-27-2012, 03:47 PM
"It worked"! :ohwell:
GDP report: Economy grew at just 1.5% - CBS News (http://www.cbsnews.com/8301-505123_162-57481200/gdp-report-economy-grew-at-just-1.5/)
The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy could be stalling three years after the recession ended.
"The main take away from today's report, the specifics aside, is that the U.S. economy is barely growing," said Dan Greenhaus, chief economic strategist at BTIG LLC. "Along with a reduction in the actual amount of money companies were able to make, it's no wonder the unemployment rate cannot move lower."
GDP report: Economy grew at just 1.5% - CBS News (http://www.cbsnews.com/8301-505123_162-57481200/gdp-report-economy-grew-at-just-1.5/)
The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds to worries that the economy could be stalling three years after the recession ended.
"The main take away from today's report, the specifics aside, is that the U.S. economy is barely growing," said Dan Greenhaus, chief economic strategist at BTIG LLC. "Along with a reduction in the actual amount of money companies were able to make, it's no wonder the unemployment rate cannot move lower."