Report: US hasn’t seen expected ‘Great Recovery’

Published



LOS ANGELES (AP) — The expected U.S. “Great Recovery” hasn’t materialized and the economy has fallen short of even normal growth, according to a forecast released Wednesday.

The second-quarter UCLA Anderson Forecast said the growth of real gross domestic product — meaning the inflation-adjusted value of goods and services produced — is too small to help the nation climb out of its slump.

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