-
Flood or trickle? Course of U.S. economy’s rebound murky
The engines of the U.S. economy are sure to fire back up. What’s still a mystery is just how much. Not long ago, economists thought U.S. growth could reach nearly 4% in the second quarter after a tepid 0.2% gain in the first three months of the year, a period marked by unusually harsh weather. That would be a carbon copy of the feast-or-famine growth pattern that occurred in 2014. Now many are not so sure after an uneven batch of economic reports midway through the second quarter. A poll of analysts compiled by MarketWatch predicts the U.S. will expand at a 3.2% annual rate from April through June — and some have ... (full story)