Dis die ou storie van as America nies kry ons verkoue. Die berig gaan aan om te se:
The drop in the stock market, through Friday, could cut overall spending by $140 billion, or 1.3 percent, over the coming year, says Paul Dales, senior U.S. economist at Capital Economics. Dales forecasts that the stock market turmoil could reduce the economy’s annual growth rate by half a percentage point through 2012.
There isn’t much to spare. In the first half of the year, the economy grew at a scant 0.8 percent annual rate. That helps explain the dive on Wall Street: Stocks are falling partly on fears that the nation could slip back into a recession.
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