US econ­omy slows in Q2

DNA (Daily News & Analysis) Mumbai Edition - - FRONT PAGE -

The US econ­omy grew less than fore­cast in the sec­ond quar­ter, af­ter al­most com­ing to a halt at the start of the year, as con­sumers re­trenched. Gross do­mes­tic prod­uct rose at a 1.3% an­nual rate fol­low­ing a 0.4% gain in the prior quar­ter that was less than pre­vi­ously es­ti­mated, Com­merce Depart­ment fig­ures showed.

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