Comment on U.S. Economy Ramps Up on Spending Surge

U.S. Economy Ramps Up on Spending Surge

“The U.S. economic recovery is accelerating as stimulus money, Covid-19 vaccinations and business re-openings spur a spring surge in consumer spending, a sharp pullback in layoffs and a bounceback in factory output,” the Wall Street Journal reports. “Retail sales—a measure of purchases at stores, at restaurants and online—jumped 9.8% in March, the Commerce Department reported Thursday.

 

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