Thursday, May 26, 2011

Consumers hold back growth, rebound seen muted

WASHINGTON (Reuters) - Unexpectedly weak consumer spending hobbled the economy in the first quarter and fresh signs of a slowdown in the labor market pointed to an uphill struggle for the recovery.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/pfJLIWblDh8/us-usa-economy-idUSTRE7492P720110526

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