WASHINGTON (Reuters) - The U.S. economy contracted at a slower-than-expected pace in the second quarter, government data showed on Friday, but a sharp drop in consumer spending fanned fears that recovery would be sluggish.
Reuters: Top News, Reuters
Fri, 07/31/2009 - 8:55am
WASHINGTON (Reuters) - The U.S. economy contracted at a slower-than-expected pace in the second quarter, government data showed on Friday, but a sharp drop in consumer spending fanned fears that recovery would be sluggish.