Economic News Released After First Half of Year Shows Mixed Signals

Image via Flickr by thienzieyung

Gains and loss reports for the first half of 2013 are in, and show mixed signals in terms of our overall economic situation. The economy grew at a sluggish 1.7 percent annual rate for the second quarter (April through June), according to the announcement by the Commerce Department on Wednesday. Though this was a better growth than the mere 1.1 percent reported following quarter one, it was still too slow to take a bite out of the unemployment rate.

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