Economy

July 30, 2010 8:57 AM

U.S. economic growth slowed in 2nd quarter

The U.S. economy slowed sharply from April through June, the government reported Friday, growing at an annualized rate of just 2.4 percent after several quarters of more robust growth. Revisions to prior data also revealed that the recession that began in December 2007 was worse than previously thought.

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