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Apr 27, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: GDP report: Rate of U.S. economic growth slows, but consumers are buying more

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
GDP report: Rate of U.S. economic growth slows, but consumers are buying more
Apr 28th 2012, 00:20

Americans have ratcheted up their spending on cars, clothes and furniture, new figures show, and their fortitude at the cash register is energizing the recovery.

The economy grew by 2.2 percent in the first three months of the year, the Commerce Department reported Friday, largely thanks to more consumer spending.

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