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US economy glued to middle path of growth
Consumers feel a bit better these days about the economy, and the U.S. probably grew faster in late spring than originally believed, but the nation still isn’t close to firing on all cylinders. The latest round of economic signposts this week is likely to show the U.S. straddling a modest path of growth, which is no surprise after years of slow expansion. Analysts predict a mild increase in consumer spending and wages, a higher growth rate for the second quarter and little change in how consumers feel about the economy More important, a continuation of current growth trends is likely to keep the Federal Reserve on ... (full story)
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