Sunday, January 30, 2011

Consumer Spending: Recovery Gaining Traction

MarketPulse FX submits:

By Scott Boyd

The U.S. economy grew by 0.78 percent in the final quarter of the year to close out 2010 with a yearly increase of 2.9 percent. This represents the largest annual growth since 2005 and offers further evidence that the recovery is gaining momentum. A breakdown of the results shows that a resurgence in consumer spending helped power the gains with an increase in exports providing additional support.


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SILICON LABORATORIES SI INTERNATIONAL SEAGATE TECHNOLOGY SCIENTIFIC GAMES SANDISK

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