Crucial test awaits the U.S. economy in the coming months

07/29/2010 | Washington Post, The

The next few months will determine whether business investment and consumer spending trigger accelerated growth in the U.S. economy or the nation drifts into stagnation, economists said. Analysts expect the government to report that second-quarter gross domestic product increased 2% to 2.5%, a rate too low to bring down unemployment. Few economists predict a true double-dip recession, but many anticipate a period of subpar growth.

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