Warning: Economic recovery at risk

By Annalyn Censky @CNNMoney June 2, 2011: 3:34 PM ET
Economy news from CNNMoney

NEW YORK (CNNMoney) -- Job growth seems to be losing momentum, home prices just slumped to new lows and consumers are feeling far from rosy about the economy.

Can you blame them? Two years have passed since the recession officially ended, and the recovery appears to be slowing down -- not accelerating.

"We've had a poor economic recovery to begin with, and now it appears to be segueing into an end," said Robert Brusca, chief economist at FAO Economics.

How did this happen?

Economists blame a complicated web of factors.

First, the recovery is losing its government-provided training wheels. The Federal Reserve's $600 billion in monetary stimulus is scheduled to run out later this month, and federal stimulus dollars to state and local governments have already wound down...

Full story:
http://money.cnn.com/2011/06/02/news/economy/recovery_at_risk/index.htm?iid=HP_LN