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?