Comment on Economic Report: The economy’s growth slows to 2.1% in the spring as businesses retrench, GDP shows

Economic Report: The economy’s growth slows to 2.1% in the spring as businesses retrench, GDP shows

The economy got a jolt of adrenaline in the spring from the biggest increase in household spending in a year and a half, but falling business investment kept a lid on second-quarter growth and signaled potential trouble ahead. GDP grew at a 2.1% annual pace vs. 3.1% in the first quarter.

 

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