Will Growth in the Second Half be More Robust?
August 16, 2010
August 16, 2010
NEW YORK, Aug. 16 -- The Conference Board issued the following news release:
Last week: The latest trade data suggests that the pace of economic activity might be even slower in the second quarter than the preliminary estimate (2.4 percent annualized growth in GDP). The bigger concern is whether growth in the third and fourth quarters will be more robust. If growth remains weak, jobs, consumer confidence, income, and spending are all likely to remain weak - reinforcing a subpar ec . . .
Last week: The latest trade data suggests that the pace of economic activity might be even slower in the second quarter than the preliminary estimate (2.4 percent annualized growth in GDP). The bigger concern is whether growth in the third and fourth quarters will be more robust. If growth remains weak, jobs, consumer confidence, income, and spending are all likely to remain weak - reinforcing a subpar ec . . .