GDP: US economic growth slowed to 1.5% in last 3 months - Washington Post

GDP: US economic growth slowed to 1.5% in last 3 months - Washington Post

American consumers cut back sharply on spending in recent months, slowing the nation’s already sluggish rate of economic growth.

The economy grew at an annual rate of 1.5 percent from April through June, the Commerce Department reported Friday, a pace that confirmed fears that the economy continues to sputter.

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