[lbo-talk] Economy Cools Amid Shopping Slowdown

[mike larkin]

WASHINGTON - U.S. economic growth braked more sharply
than expected in the second quarter as shoppers curbed
their free-spending ways amid a sharp advance in
energy prices, government data released on Friday
showed.

U.S. gross domestic product, a measure of total output
within the nation's borders, climbed at a modest 3
percent annual pace in the April-June period after an
upwardly revised 4.5 percent clip at the start of the
year, the Commerce Department said.

 http://www.reuters.com/newsArticle.jhtml;jsessionid=SOPZS42TDWQK4CRBAELCFFA?type=businessNews&storyID=5830761

		
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