Economy

US Economy Grew at Slower Pace in Second Quarteri
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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.


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