Economy grew at slower 1 pct. rate this spring

WASHINGTON (AP) -- The U.S. economy grew at a meager 1 percent annual pace this spring, slower than previously estimated. The downward revision will likely increase fears that the economy is at risk of another recession. Fewer exports and weaker growth in business stockpiles led the Commerce ...

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• U.S. economy grew only 1.3 pct. in the spring, after nearly ...


By Christopher S. Rugaber, The Associated Press WASHINGTON - The U.S. economy expanded at meagre rate of 1.3 per cent annual rate in the spring after ...