Weak pace
Source: Agencies |
June 29, 2012, Friday
|
Print Edition
Print Edition
THE US economy expanded at a 1.9 percent annual rate in the first three months of the year, a weak pace that few economists see changing much this year.
The Commerce Department yesterday made no change in its third and final estimate for growth in the January-March quarter.
The slower growth in consumer spending was offset by faster expansion in businesses investing in buildings, leaving the overall pace the same.
The Commerce Department yesterday made no change in its third and final estimate for growth in the January-March quarter.
The slower growth in consumer spending was offset by faster expansion in businesses investing in buildings, leaving the overall pace the same.
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