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Downward revision of GDP growth a strong signal of stalled recovery

Downward revision of GDP growth a strong signal of stalled recovery

Second-quarter economic growth was revised to an anemic 1.6%, a decline that was slightly less than many economists had predicted. But the report was a sobering cap to a week of bad economic news that has raised fears the nation could plunge into another recession.

Senh: Since this is not worst news, I'll consider it good news.

 

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