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Friday, September 28, 2012

US farm drought hits growth

http://www.ft.com/cms/s/0/e2c56ba2-089e-11e2-b57f-00144feabdc0.html#ixzz27lwCMaAn

US farm drought hits growth

Dried up crops©AP
Dried up crops in Arkansas,US. Drought monitors suggest it is the worst on record since the 1930s
The devastating effects of drought across the US farm belt were on display as estimates of annualised economic growth for the second quarter were revised down from 1.7 per cent to 1.3 per cent.http://www.ft.com/cms/s/0/e2c56ba2-089e-11e2-b57f-00144feabdc0.html#ixzz27lwCMaAn

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