Consumer confidence plummeted by 25 percent in August, likely in reaction to the political antics surrounding the debt-ceiling debate. Second-quarter gross domestic product growth was revised downward to just 1.0 percent, following anemic 0.4 percent growth in the first quarter. The economy is in far worse shape than previously thought. Many economists say that the distinction between a recession and the extremely slow growth recorded so far this year is just a matter of ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?