Recovery lost speed in the second quarterThe recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment. Economic growth - Economic - United States - Social Sciences - Gross domestic product
US growth slows fueling recovery fearsUS economic growth slowed dramatically to 2.4 percent in the second quarter of this year, the Commerce Department said Friday, prompting fears the recovery is losing steam.
Data: Recession Even Worse Than EstimatedThe worst U.S. recession since the 1930s was even deeper than previously estimated, reflecting bigger slumps in consumer spending and housing, according to revised figures.
Stock futures slip ahead of GDP dataWall St stock index futures pointed to a lower start on Friday as investors stayed cautious ahead of U.S. GDP data, with S&P 500, Dow Jones and Nasdaq futures down 0.3 to 0.4 percent at 5:11 a.m. ET.
US growth slows fuelling recovery fearsBy Andrew Beatty WASHINGTON: US economic growth slowed dramatically to 2.4% in the second quarter of this year, the Commerce Department said today, prompting fears the recovery is losing steam. The number was only slightly lower than the 2.5% rate expected by analysts, but was sharply down from the first three months of the year, signalling the brakes may have been slammed on an already tepid ...
TekVault Extends Compliance Services Portfolio by Partnering with Iron MountainROCKAWAY, N.J., July 29 /PRNewswire/ -- Recovering lost data, email or files is paramount for today's corporations to maintain business continuity and to meet regulatory compliance requirements. TekVault Corporation (www.tekvault.com) a Rockaway, NJ regulatory compliance consultancy announces its partnership with Iron Mountain as a value added reseller (VAR). The ...
Imports slow second-quarter growthEconomic growth slowed in the second quarter as companies invested heavily in equipment from abroad and the pace of consumer spending eased, raising concerns about the recovery in the rest of 2010.