U.S. Economy

Economic Policy

Commerce Dept. Report Shows Economic Growth is Slowing

Friday

The Commerce Dept. released its report Friday on the second quarter gross domestic product, the output of U.S. goods and services. From April to June the economy grew at 2.4 percent, a decline from the 3.7 percent measured from January to March.

Recent Programs

Pres. Obama Remarks on Auto Industry at Chrysler and GM President Obama traveled to Detroit to visit GM and Chrysler plants and to discuss the auto industry’s progress since the federal bailout last year. He expressed confidence in the industry and reassured taxpayers that “we are going to get back all the money that we invested in those car companies.”
Detroit, MI : 24 min.
watch Pres. Obama at Chrysler: From Earlier    watch Pres. Obama at GM: From Earlier    read WH: Rebuilding the American Auto Industry
In Depth with Ralph Nader