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The Economy's Summer Vacation
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| The economy cooled off in June, with weaker consumer sales and factory orders suggesting that growth has moderated. The smaller rise in employment, although distorted by seasonal factors, also suggests that excessive growth may be less of a problem than . |
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Jul 26, 2004 08:07:03 |
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0 | | Author | BusinessWeek |
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| Similar news: | - Inflation's Summer Vacation? - Even with crude oil holding firmly above the $40-a-barrel mark, inflation at the consumer level was surprisingly muted in July. The headline Consumer Price Index (CPI) for the month, released Aug. 17, actually fell 0.1% overall and was up 0.1% excludi
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