29-07-2016 22:34 via krqe.com

US economy expected to pick up after weak growth in spring

WASHINGTON (AP) — A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. Businesses pared their stockpiling and investment through the spring. But consumers — the heart of the U.S. economy — kept spending.
Most economists foresee faster, if still modest, growth the rest of this year.
The Commerce Department’s report Friday showed that gross domestic product — the
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