SailaWay
Well-known member
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- Jun 26, 2016
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The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand.
Gross domestic product rose at a 1.2 percent annualized rate after a 0.8 percent advance the prior quarter, Commerce Department figures showed Friday in Washington. The median forecast of economists surveyed by Bloomberg called for a 2.5 percent second-quarter increase.
The report raises the risk t
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compare that to china's 6.75% gain.. compare to early progress of america....... a gdp score of 1% is OUTRAGEOLUS
the forecast was over twice than what actually was ... proving a lot of problems with forecasts as well as the economy