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After big chill, US economy seen warming up
The first shoots of a spring bloom in the economy might pop up this week, but don’t expect fresh doubts about the pace of U.S. growth to melt away overnight. Sales at retail stores and the construction of new homes are expected to show renewed vigor when the government releases its latest reports for March. Another survey of consumer sentiment is also likely to show Americans are fairly optimistic about the economy. Wall Street is certainly eager for good news, particularly after a March employment report that showed the stingiest hiring in 15 months. The poor jobs report capped off a long streak of disappointing ... (full story)
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