Recovery loses speed as consumers turn cautious (AP)

30 Jul, 2010  Top News

In this photograph taken July 22, 2010, employees sort garlic cloves at the Christopher Ranch, in Gilroy, Calif. The recovery lost momentum in the second quarter as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment. (AP Photo/Paul Sakuma)AP – The recovery lost momentum in the spring as growth slowed to a 2.4 percent pace, its most sluggish showing in nearly a year and too weak to drive down unemployment.

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