Mixed Signals

The U.S. economy grew at an annualized rate of 1.7% in the second quarter of 2010, compared with 3.7% in the first quarter, according to the latest estimate by the Bureau of Economic Analysis. Analysts cite a slowdown in inventory investment and a sharp acceleration in spending on imported goods. Spending increased on new homes, as did fixed investments made by businesses, however. Consumer outlays were nearly flat, rising 1.9% in the first and 2.2% in the second. Second-quarter profit growth slowed along with the economy. Profits rose 3% in the second quarter...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers