Friday,  July 27, 2012 • Vol. 13--No. 013 • 23 of 31 •  Other Editions

(Continued from page 22)

• Officials at some of the PACs told the newspaper they weren't aware they were late, and that they are working to remedy the problem.
• Fred "Rip" Ryness, treasurer of the South Dakota Taxpayer's PAC and the South Dakota Tea Party PAC, said the two organizations neither raised nor spent money last year.
• Gant said that made no difference. Even PACs that were inactive have to file a report specifying that, he said.
•

AP News in Brief
As government reports on April-June growth, few think sluggish US economy will strengthen soon

• WASHINGTON (AP) -- A U.S. economy that plodded along in the first three months of the year likely grew even less in the April-June quarter. And most economists no longer think growth will strengthen much in the second half of 2012.
• Weaker hiring, nervous consumers, sluggish manufacturing and the overhang of Europe's debt crisis might be pointing toward everyone's big fear: another recession.
• Against that background, the government on Friday will issue its first of three estimates of how much the U.S. economy expanded last quarter. The consensus forecast is that growth slowed to an annual rate of 1.5 percent, according to a survey of economists by data firm FactSet. The Commerce Department will issue the estimate

at 8:30 a.m. EDT.
• A quarterly growth rate of 1.5 percent would be the weakest in a year. It would follow a meager 1.9 percent rate in the first three months of 2012.
• Much more growth would be needed to fuel stronger hiring. Economists generally say even 2 percent annual growth would add only about 90,000 jobs a month. That's too few to drive down the unemployment rate, which is stuck at 8.2 percent.
• ___

Facing an Olympic rift in London, Romney's Salt Lake City experience in 2002 comes into focus

• LONDON (AP) -- On a trip already marked by misstep, Mitt Romney has an Olympic history that could prove problematic: His stewardship of the 2002 Winter Games in Salt Lake City was not without controversy.

(Continued on page 24)

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