The Glasshouse Report: “Designed to Eliminate Frivolous Employee Lawsuits”

Saturday, August 27, 2016

Economy Grew At Tepid 1.1 Percent Pace In Spring

By CBS, Aug 28, 2016 

WASHINGTON  The U.S. economy expanded at a sluggish pace this spring as businesses sharply reduced their stockpiles of goods and spent less on new buildings and equipment.         

The Commerce Department said Friday that gross domestic product, the broadest measure of the economy, increased at an annual rate of 1.1 percent in the April-June quarter. That is slightly below its previous estimate last month of 1.2 percent growth.

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