Monday, May 3, 2010

Economic outlook is cautious even with spending up (AP)

 

Shoppers on the streets of San Francisco on April 8. The US economy grew 3.2 percent in the first three months of this year as consumer spending ticked up, the Commerce Department said on Friday(AFP/Getty Images/File/Justin Sullivan)AP - Factories are churning out more goods. Consumers are spending. Government aid is fueling construction activity. But stagnant pay and weak hiring will likely restrain the economic rebound in coming months.

Economic outlook is cautious even with spending up (AP)
Mon, 03 May 2010 18:09:58 GMT

No comments:

Post a Comment

My Zimbio