This is a good article talking about the continued GDP growth in Q1 2010. While it was lower than the previous quarters 5.6% and lower than expectations, it showed promise in the rise of consumer spending from growth of 1.6% in the previous quarter to 3.6% in this quarter, which is obviously a pretty good sign. It also pointed out the rise in federal spending, but the greater decrease in state and local government spending.
Great article. This is another positive sign for the economy.
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