Consumers Give Hope For Economic Rebound
6 May
From Associated Press, excerpt:
WASHINGTON (AP) — Consumers are snapping back to life, kindling springtime hopes that the recession is losing steam.
Even though the economy shrank again in the first three months of the year — and by a lot — Americans stepped up their purchases of cars, furniture and appliances. The surge in consumer spending, which accounts for about 70 percent of the economy, could set the stage for a rebound later this year.
Read the full story here:http://www.google.com/hostednews/ap/article/ALeqM5gNiyJ905Ho0Ur96V2TQhsBX19lGwD97SEPB00
Tags: consumer confidence, economic news, good economic news, Positive Economic News
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