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US GDP growth softens despite strong consumer spending, investment
Inflation-adjusted GDP increased an annualised 1.5 per cent in the three months through June. Read more at straitstimes.com. Read more at straitstimes.com.
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npr.org
The economy slowed a bit -- but Americans continued to spend
The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending…
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apnews.com
U.S. economy turns in sluggish 1.5% second-quarter growth and inflation remains above Fed target
The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth. But consumer spending rose.
