Maria Contrero, of Boston, removes an elite running shoe from a sole press during the assembly process at the New Balance Athletic Shoe Inc. factory in Boston. A U.S. economy that plodded along in the first three months of the year grew even less in the April-June quarter. And most economists no longer think growth will strengthen much in the second half of 2012.
Maria Contrero, of Boston, removes an elite running shoe from a sole press during the assembly process at the New Balance Athletic Shoe Inc. factory in Boston. A U.S. economy that plodded along in the first three months of the year grew even less in the April-June quarter. And most economists no longer think growth will strengthen much in the second half of 2012.
Photo by Associated Press /Chattanooga Times Free Press .
published Friday, July 27th, 2012
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WASHINGTON — U.S. economic growth slowed to an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The weaker growth adds to worries that the economy could be stalling three years after the recession ended.

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