Gains and loss reports for the first half of 2013 are in, and show mixed signals in terms of our overall economic situation. The economy grew at a sluggish 1.7 percent annual rate for the second quarter (April through June), according to the announcement by the Commerce Department on Wednesday. Though this was a better growth than the mere 1.1 percent reported following quarter one, it was still too slow to take a bite out of the unemployment rate.
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