« Rockefellers call for change at Exxon Mobil (Reuters)
Virgin Mobile declines comment to NYSE on share rise (Reuters) »

Growth surprises but consumers stressed (Reuters)

Shoppers cross Seventh Avenue in New York in a file photo. The economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending. (Ray Stubblebine/Reuters)Reuters - A buildup in inventories kept the
economy afloat in the first quarter despite the weakest
consumer spending since 2001 and reduced business investment, a
government report on Wednesday showed.

This entry was posted on Wednesday, April 30th, 2008 at 11:21 am and is filed under Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply