The U.S. economy shrank at a 0.6% annual rate from April through June, the government said in a slight upgrade from its initial estimate. It marked a second straight quarter of economic contraction, which meets one informal sign of a recession. / MARCIO JOSE SANCHEZ / ASSOCAITED PRESS
WASHINGTON (AP) – The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial estimate. It marked a second straight quarter of economic contraction, which meets one informal sign of a recession. Most economists, though, have said they doubt the economy is…
Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.
