There was a time after last year’s elections that many experts were predicting a sharp bounce in economic growth in the U.S. As indicated by writer Nelson Schwartz, that sharp bounce is beginning to look more like a small bump. It is not that the economy is necessarily weakening or that a recession is imminent. Rather, it appears that the pace of growth this year won’t be much more than it was last year or the year before that.
Anirban has more.
