Mitt Romneys Fortunes Are Improving On Economic News
The results from the Fed;s Commerce Department. 2nd Quarter GDP numbers today were predicted to be 1.7% rising from a previous prediction of just 1.5% growth earlier in the quarter. The US grew at a pace of 1.7% from April to June, more than the 1.5% previously estimated.
Even though the actual outcome was higher than predicted it is still less than the 2% growth of the first quarter, (Jan-Mar). Therefore the economy has slowed down slightly with unemployment at 8% but that is an improvement on this time last year.
