A   A   A

Posted: Friday, 30 July 2010 12:24PM

Obama Hails News Economy Growing, Wants More



DETROIT (Reuters) - President Barack Obama said on Friday he welcomed news that the U.S. economy grew by 2.4 percent in the second quarter, but said more work was needed to increase that growth rate and generate jobs.

"This morning we learned that our economy grew by 2.4 percent in the second quarter of the year, so that means it's now been growing again for one full year," Obama said at a Chrysler plant.

"We've got to keep on increasing that rate of growth and keep on adding jobs so we can move forward," he said.

Story & Photos Copyright 2010 Reuters