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

Missouri Town Braces for Possible Racial Unrest

Situation in Ferguson hinges on whether white police officer will be indicted for August shooting death of unarmed black teen; decision could come Monday More

Video Ukraine Marks Anniversary of 1930s Deadly Famine

President Poroshenko compares Soviet-era ‘genocide’ to current tactics of pro-Russia rebels in Ukraine's east More

S. Philippines Convictions Elusive 5 Years After Election-related Killings

Officials vowed to deliver justice as the nation marked the anniversary of the country's worst political massacre that left 58 dead, more than half media More