The United States economy enjoyed a growth spurt in the first three months of the year as it expanded at an annual rate of 5.3%, its best showing in 2-1/2 years.The U.S. Commerce Department reported today that the first-quarter growth figure was more than triple the 1.7% annual rate seen in the final three months […]
Consumer spending drives growth
Auto sales jump 3.3%
Drop in core inflation casts doubt on interest rate hike
Jump in core inflation kindles interest rate fears
Housing starts decline
Gain in shipments led by aerospace, petroleum
Imports return to near record levels
Import prices surge in April