US Economic Growth Slows

U.S. economic growth slowed in the first few months of 2016, as the world's largest economy expanded a meager one-half of one percent annual rate. Thursday's report from the Commerce Department says the new data shows growth was much slower than the last quarter of last year. PNC Bank Chief Economist Stuart Hoffman says the housing market helped growth, but not enough to off-set falling business investment, and slowing exports. Strong dollar hurts exports Weak demand...

© La Voix de l'Amérique - jeudi 28 avril 2016