Economic Recovery Slows The Bush administration reports the pace of the U.S. economic recovery slowed in the second fiscal quarter, to an annual rate of 3 percent. That's down from a revised 4.5 percent growth rate in the first three months of the fiscal year. In a separate statement, the Bush administration said the federal deficit will grow to a record $445 billion. NPR's John Ydstie reports.
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Economic Recovery Slows; Deficit Surges

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Economic Recovery Slows; Deficit Surges

Economic Recovery Slows; Deficit Surges

Economic Recovery Slows; Deficit Surges

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  • <iframe src="https://www.npr.org/player/embed/3806017/3806018" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

The Bush administration reports the pace of the U.S. economic recovery slowed in the second fiscal quarter, to an annual rate of 3 percent. That's down from a revised 4.5 percent growth rate in the first three months of the fiscal year. In a separate statement, the Bush administration said the federal deficit will grow to a record $445 billion. NPR's John Ydstie reports.

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