Recovery lost speed in the second quarter

Courtesy MSNBC.com: Business  Fri, 07/30/2010 - 09:27

Crews load and unload consumer products at the Port of New Orleans along the Mississippi River in New Orleans, La.<br /><br />The nation’s economic recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year, new data show.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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