US Economy Expands as Consumer Spending Grows

by Benjamin Domenech on 10:33 am April 30, 2010

“The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as households spent more freely, setting the stage for gains in employment that may help the recovery broaden and accelerate… [marking] the biggest six-month gain since 2003,” as “consumer spending rose by the most in three years.”

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