First two paragraphs from said article:
WASHINGTON (Reuters) - The U.S. economy slowed more sharply in the second quarter than first thought as oil prices rose and the trade gap swelled, the government said on Friday in a report that confirmed momentum faltered in the spring.
U.S. gross domestic product -- which measures total output within the nation's borders -- expanded at a 2.8 percent annual rate in the second quarter to $10.8 trillion, down from the 3.0 percent pace estimated last month by the Commerce Department.
So the economy is shrinking because it isn't growing as fast as it was last month? That makes no sense at all.
But don't be too hard on the folks at Reuters. It must be hard to keep up a liberal agenda when the economy is booming.