WASHINGTON - U.S. economic growth slowed less than expected in the second quarter as a surge in consumer spending blunted some of the drag from declining exports and a smaller inventory build, which could further allay concerns about the economy’s health.
“The key to future economic growth is business spending. Evidently, businesses do not share the ebullience consumers have,” said Sung Won Sohn, an economics professor at Loyola Marymount University in Los Angeles. “This is not a good sign for the economy because there would be fewer jobs for consumers. For this reason, the Fed will cut rates next week.”Gross domestic product increased at a 2.1% annualized rate in the second quarter, stepping down from an unrevised 3.
Trump, who likes to brag about the economy being one of the biggest successes of his first term, had highlighted the year-on-year growth figure as evidence of the effectiveness of his policies.
TV Canada will have the CF-35s for sell soon and thy are bilingual, so wen you receive your friend from France for the weekend every body can shoot at some '' target ''
TV Good news
TV except food and energy all are creeping.