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Tuesday, April 30, 2013

Outside View: U.S. at risk of double-dip recession

Outside View: U.S. at risk of double-dip recession
College Park, Md. (UPI) Apr 29, 2013 - The U.S. Commerce Department reported that consumer spending advanced 0.2 percent in March - much weaker than the 0.3 percent and 0.7 percent registered in January and February. Extraordinary year-end bonuses and dividends - intended to dodge higher taxes in January - boosted consumer activity in January and February but now households are hunkering down. Much weaker consumer spendin ... morehttp://www.terradaily.com/reports/Outside_View_US_at_risk_of_double-dip_recession_999.html

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