Sunday, September 5, 2010

Recovery loses speed as consumers turn cautious (AP)

July 30, 2010 by admin  
Filed under Top Stories

In this photo made June 30, 2010, foundations for homes in Lennar's Silver Palm addition in Homestead, Fla., have been started. The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.(AP/ Photo/J Pat Carter)AP – The 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.


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