GDP preview: Economy not firing on all cylinders
U.S. GDP report due Friday at 8:30 a.m. Eastern
U.S. growth probably slowed in the second quarter as most sectors of the economy weakened. Economists surveyed by MarketWatch have cut estimates several times since the quarter started and now they project that growth totaled 1.3%. By comparison, the economy expanded at a 1.9% pace in the first three months of 2012 and 3.0% in the last three months of 2011.