[brl_admin]

Investor's Business Daily - That's a little softer than the prior reading of 4% and estimates for a 3.9% annual rate. But it's still the best in a year. Net exports were a little weaker than prior estimates said. Still, trade and business investment offset another sharp drop in home building as well as sluggish consumer spending. Most economists expect slower 2nd-half growth as a credit crunch takes its toll on housing and other sectors.




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