To the Point

The US Economy Contracts

The US economy grew by 2.8 percent in the second quarter of this year. In the third quarter, the Commerce Department said today, it shrank by .3 percent with contractions in domestic spending and business investment. Kevin Hall is national economics correspondent for McClatchy newspapers.

By Warren Olney • May 12, 2014 • 1 min read

The US economy grew by 2.8 percent in the second quarter of this year. In the third quarter, the Commerce Department said today, it shrank by .3 percent with contractions in domestic spending and business investment. Kevin Hall is national economics correspondent for McClatchy newspapers.

Warren Olney
former KCRW broadcaster
Christian Bordal
Managing Producer, Greater LA
Karen Radziner
Managing Producer, To the Point & Which Way LA?
Kevin Hall
McClatchy Newspapers

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To the Point

The US Economy Contracts

The US economy grew by 2.8 percent in the second quarter of this year. In the third quarter, the Commerce Department said today, it shrank by .3 percent with contractions in domestic spending and business investment. Kevin Hall is national economics correspondent for McClatchy newspapers.

Share

To the Point

The US Economy Contracts

The US economy grew by 2.8 percent in the second quarter of this year. In the third quarter, the Commerce Department said today, it shrank by .3 percent with contractions in domestic spending and business investment. Kevin Hall is national economics correspondent for McClatchy newspapers.

Share