Community Corner

U.S. Economy Grows 1.5% During Second Quarter

The rate is the lowest in a year.

The U.S. economy grew at a rate of 1.5 percent during the second quarter, leading after coming out of recession three years ago, The Huffington Post reports

The main reason for the lackluster growth was a decrease in consumer spending, as many Americans are still faced with a variety of struggles, including a weak jobs market and pay that doesn't keep up with inflation, the report says. 

Experts don't expect the economy to pick up much in the second half of 2012, which means could be here to stay for the foreseeable future. 

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According to the report, the U.S. economy has never been as sluggish this far into a recovery. The Great Recession ended in June 2009. 

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