Biography

Pulitzer Prize-winning journalist Michael Hiltzik writes the daily blog “The Economy Hub.” His business column appears every ...

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Michael Hiltzik

Michael Hiltzik

The Economy Hub

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 A sour mood despite sweeter outlook

A sour mood despite sweeter outlook

August 29, 2014

This week brought another nugget of good economic news for the U.S. economy. Gross domestic product expanded at a healthy annual rate of 4.2% in the second quarter — a slight upward revision from the earlier reading by the Bureau of Economic Analysis.