Washington, Shawwal 24, 1437, July 29, 2016, SPA -- Economic growth in the US chugged along at an annual rate of 1.2 per cent for the second quarter, according to an initial estimate released Friday, confirming worries that the economy is still growing, but at a significantly lower rate than in 2015, according to dpa. The Bureau of Economic Analysis' release of the second quarter data was paired with a correction to first quarter data, which was set at 0.8-per-cent growth, down from an initial estimate of 1.1-per-cent growth. That would mean that the US economy has now grown below or just above a rate of 1 per cent for the last three quarters. That compares with the first three quarters of 2015, which saw growth rates of 2 per cent or higher. Growth was bolstered by stronger consumer spending and exports, but was weighed down by a decline in private inventory investment, real estate investment and local government spending. Imports also fell. --SPA 00:06 LOCAL TIME 21:06 GMT www.spa.gov.sa/w