Please let me know if anyone is shocked ~~~~~ ================================================================
The Wall Street Journal Markets Alert
U.S. Economy Grew at a Disappointing 1.2% in 2nd Quarter
U.S. economic growth sputtered this spring with cautious businesses largely offsetting more robust consumer spending.
Gross domestic product, the broadest measure of goods and services produced across the U.S., grew at a seasonally adjusted annual rate of 1.2% in the second quarter, the Commerce Department said Friday. The figure was well below the 2.6% growth economists surveyed by The Wall Street Journal had forecast.
The gain marks only a slight acceleration from the first quarter, when GDP advanced at a downwardly revised 0.8% pace. The first quarter was previously seen as increasing 1.1% from the prior period.
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Things fall apart; the centre cannot hold; Mere anarchy is loosed upon the world, The blood-dimmed tide is loosed, and everywhere The ceremony of innocence is drowned; Yeats
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