U.S. Economic Recovery Falters — Unexpectedly!

U.S. economic recovery is faltering
by Neil Irwin @ The Washington Post

The U.S. economic recovery is faltering.

The latest data Wednesday showed that the manufacturing sector, which has been a consistent driver of growth over the past year, slowed dramatically in May. A separate report showed exceptionally weak growth in private payrolls last month. Both reports follow other recent reports pointing to falling home prices, softening consumer spending and rising layoffs.

Hmm. What would cause this, I wonder?


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s