« Iraqis' Torture Case Against Contractor Proceeds in U.S. Court, According to Burke PLLC and the Center for Constitutional Rights | Main | U.S. Finally Reacts to North Korean Sinking of Korean Ship »
GDP Confirms US Rebound is Over
July 30, 2010"The post-recession rebound is history. We don't foresee a double-dip, but we do expect growth to slow even more markedly, to a 1.6-percent annualized rate in the second half of the year. The expected drop in government spending will be compounded by continued weakness among consumers and business-signaled by both The Conference Board Leading Economic Index (LEI) for the United States and The Conference Board Consumer Confidence Index. Such a slower pace is unlikely to sustain strong profit growth, and would also weigh on employment and wages." Full release.
ShareThis