US 2Q GDP Growth Revised Down to 1.3%
US economic growth was much weaker than previously estimated in the second quarter as a drought cut into inventories, setting the platform for an even more sluggish performance in the current quarter against the backdrop of slowing factory activity.
Slew of economic reports paint mixed view of economy
GDP revised lower, manufacturing orders fall
US economy grew at 1.3 percent rate in April-June quarter, weaker than …