US economic growth slows to 2.4%

US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department has said.

This compares with an annual rate of 3.7% in the previous quarter. The second quarter figure is a first estimate, and could be revised either up or down in the coming months.
There are growing fears about the strength of the US economic recovery, particularly concerning the country's high unemployment rate of 9.5%.

For more: BBC News - US economic growth slows to 2.4%