Friday, April 29, 2011

U.S. GDP growth slowed

At a time when true love prevails in Britain to mark the royal wedding between the markets and the dollar, it seems, love does not remain. Lightly not have lasted up to the expectations of growth of the first quarter, showing an increase of 1,8% on an annualized basis, but the U.S. have nothing to be proud of. Consumer spending provided a contribution of 1,9% for the quarter, but the main obstacle was the fall in government expenditures (subtract 1.1%). There is still a significant inhibition compared towith the previous recent recovery ,and the labor market and does - very much . The biggest fear now is with regard to the fact that all the growth has been attained ultrasoft Fed policy. Take her away and will be a serious question whether the current recovery self-sustaining.

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