Mayor Gray: Spending cuts have slowed down D.C.'s economy

WASHINGTON (AP) - District of Columbia Mayor Vincent Gray says automatic federal spending cuts have led to a slowdown of the district's economy.

Gray's comments at a news conference Tuesday came on the first day of his 10-day window to sign or veto a bill that would require Wal-Mart and other large retailers to pay their employees a "living wage" of at least $12.50 an hour.

The Democratic mayor has said he has concerns about the bill. The Washington Post reports that he did not respond to questions about it Tuesday.

But the mayor and his economic development team were downbeat about the job picture in the city, highlighting a recent uptick in the unemployment rate and the loss of 7,000 public-sector jobs since January.