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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Jeff Caldwell

Jeff Caldwell: WASHINGTON - A report Wednesday is expected to show the U.S. economy barely grew from April through June. But economists are hopeful that the weak second quarter is a temporary lull that gives way to stronger growth in the second half of the year. , according to Winnipeg Free Press. Economists forecast that growth slowed in the April-June quarter to a seasonally adjusted annual rate of just 1 per cent, according to a survey by FactSet. That's below the sluggish pace of 1.8 per cent in the January-March quarter. FILE- In this Wednesday, May 8, 2013, file photo, Jeff Caldwell, 29, right, a chassis assembly line supervisor, checks a vehicle on the assembly line at the Chrysler Jefferson North Assembly plant in Detroit.The Commerce Department issues its first estimate of how fast the U.S. economy grew in the April-June quarter on Wednesday, July 31, 2013. AP Photo/Paul Sancya, File Higher tax increases and steep government spending cuts probably did their worst damage to the economy in the second quarter. As their impact fades, solid job gains, more business spending and a steady recovery in housing should help accelerate growth. (www.immigrantscanada.com). As reported in the news.