Economy

US Economy Grew at Slower Pace in Second Quarteri
|| 0:00:00
...    
🔇
X
Mil Arcega
September 28, 2012 11:05 PM
The U.S. economy grew at a slower pace from April to June than previously thought. Final government estimates for the second quarter show U.S. gross domestic product expanded at a 1.3 percent annual rate - down from last month's estimate of 1.7 percent. While growth was not as robust as many hoped, Mil Arcega reports for VOA that economists say it's not all gloom and doom for the world's largest economy.

US Economy Grew at Slower Pace in Second Quarter

Published September 28, 2012

The U.S. economy grew at a slower pace from April to June than previously thought. Final government estimates for the second quarter show U.S. gross domestic product expanded at a 1.3 percent annual rate - down from last month's estimate of 1.7 percent. While growth was not as robust as many hoped, Mil Arcega reports for VOA that economists say it's not all gloom and doom for the world's largest economy.


You May Like

Video Protests Continue in Ferguson, Spread to Other US Cities

Missouri officials say deployment of more than 2,000 National Guard soldiers helps curb second night of rampant arson and looting in Midwestern town More

Video Ebola, Crackdown on Illegals Hit Business in Guangzhou

Chinese city has largest community of Africans in Asia More

Video Legendary Lebanese Actress, Singer Sabah Dies at 87

Music and film diva, affectionately called 'Sabbouha' by millions of her fans, performed at Carnegie Hall in New York, Royal Albert Hall in London, Olympia in Paris, Sydney Opera House in Sydney More