Meanwhile, what does the continuing wave of negative reports for July and August, two months into the second half, say about the current forecast for second half growth of 2.8%, which would require a considerable pickup from second quarter growth, not worsening numbers?

FORBES: Economists Are Behind The Curve Of Economic Reality

The ongoing wave of foreclosures is continuing to glut the market and push down prices.

NPR: Inflation A Growing Threat As Producer Prices Jump

Their closure is emblematic of the continuing struggle of drug researchers to invent medicines during a constant wave of mergers that can disrupt their work.

FORBES: Merck Shutters Productive Labs