Projected economic slowdown threatens the transport recovery:

08/30/2010 | Journal of Commerce, The

The country's gross domestic product expanded 1.6% during the second quarter compared with the same period last year as imports swelled, widening the trade gap with other nations. The first quarter saw stronger GDP growth, with 3.7%. PIERS Global Intelligence Solutions predicted that the economic slowdown will be spurred by an anemic housing market, and weak consumer spending could hurt transportation volume.

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