Consumer Spending, First Quarter | featured news

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Consumer data support sturdy first-quarter growth picture

Shopping - Reuters

Consumer spending rose in February and sentiment among Americans perked up this month, further signs of an acceleration in economic activity in the first quarter after a near stall in late 2012.

 

Recovery slows in first quarter

GDP Chart

The American economy grew slower than predicted in the first quarter, as government spending cuts offset a pickup in consumer spending.

 

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