Vital Signs: Testing the Softness

Retail sales and trade deficit reports will help show how much growth is slowing in the second quarter. Also on tap: a first look at July consumer sentiment

Just how weak was the second quarter? After the economy grew at an annualized rate of 5.6% in the first quarter, many economists believe growth could slow to a rate just below 3%. However, recent figures have pointed to improving conditions as the quarter came to a close.

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