 us economy losing momentum the commerce department reported today that us economic growth for the second quarter of 2012 came in at 15 the weakest growth in a year softening consumer spending fueled by disappointing job and income growth was a major contributor to the slowdown will this be the impetus for the federal reserve to propose more quantative easing and how will an economy that is struggling impact the november election read more at  wwwfoxbusinesscom economy 20120727 grossdomesticproducteconomicgrowthgdpeconomicexpan   economy losing momentum  