american airlines has canceled over 130 flights so far, and bank of america which has 20 percent of its banking centers in the path of the hurricane is also concern about business. all of this amounts to lost business, lost productivity, at a particularly vulnerable time in our economic recovery period. trace, not good timing. trace: no, and we are hearing southwest is canceling flights. thank you from fox business network. and on top of this, there are now signs the u.s. economy is dangerously close to a double dip recession territory. the commerce department today lowered the estimate of the economy s growth rate during the spring from 1.3 percent to just 1 percent. now, some experts note that periods of 1 percent growth or less have come before nearly every recession since world war ii. and reuters reports that their