"U.S. consumer confidence hit a near 2-1/2 year low in early July and manufacturing output stalled in June, further frustrating expectations of a quick economic growth rebound in the second half of the year...
The reports were the latest in a series, including weak retail sales and employment, to suggest the anticipated step-up in growth in the second half of the year might not be as strong has initially thought...."
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Full story: http://www.reuters.com/article/2011/07/15/us-usa-economy-prices-idUSTRE76E2LW20110715
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