Wednesday, 26 June 2013

Economy News Headlines - Yahoo! News: US economy grows at slower 1.8 pct. rate in Q1

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
US economy grows at slower 1.8 pct. rate in Q1
Jun 26th 2013, 12:59

FILE - In this March 1, 2013 file photo, a crane removes a container from a ship at the Port of Baltimore's Seagirt Marine Terminal in Baltimore. The government issues its third and final estimate of economic growth in the January-March quarter, Wednesday, June 26, 2013. (AP Photo/Patrick Semansky, File)WASHINGTON (AP) — The U.S. economy grew at an annual rate of 1.8 percent in the first three months of the year, significantly slower than first thought. The steep revision was mostly because consumers spent less than previously estimated, a sign that higher taxes could be having a deeper impact on growth.


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