Digging, Hard; For Really Bad News

[Kathianne]

http://news.yahoo.com/s/nm/20080630/bs_nm/usa_economy_dc

It's not enough that oil is up, how to make it worse, that is the theme.

[avatar4321]

Wait till the winter comes and there are food shortages.

[mundame]

http://news.yahoo.com/s/nm/20080630/bs_nm/usa_economy_dc

It's not enough that oil is up, how to make it worse, that is the theme.


I don't see how this story is negative; it seems balanced and moderate, to me. Even rather reassuring.

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Reports show U.S. growth weak if not in recession

<!-- BEGIN STORY BODY -->By Ros Krasny Mon Jun 30, 3:26 PM ET



<!-- end storyhdr -->CHICAGO (Reuters) - The U.S. economy continues to bump along at a slow level of growth but has probably not fallen into recession, a series of regional purchasing managers' reports suggested on Monday.
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National surveys this week are expected to show the factory sector shrinking a bit in June while the services side ekes out a small gain. Between the two, the United States is managing to stay in the positive growth column.