U.S. economic expansion remains subdued
Economic growth in the first half of 2016 was weaker than expected as output growth was held back by a large inventory run off. Business investment in capital equipment continued to be very sluggish.
- Is the economy as good as the jobs number, or as bad as the GDP number?
- Q2 GDP: No rebound: Second quarter GDP numbers show that US economy stuck well below 2.0 percent growth trend
- The US economy on a growth track of just under 2 percent
- Surprisingly strong job rebound provides some temporary relief