Friday, April 30, 2010

Dow Graph April-30-2010 "Ccc"


Americans spent at the fastest pace in three years during the first quarter, indicating they are becoming less dependent on government stimulus that’s waning as the world’s largest economy recovers.

Purchases by households rose at a 3.6 percent pace from January through March, exceeding the median forecast of economists surveyed by Bloomberg News, Commerce Department figures showed today. The increase helped the economy expand at a 3.2 percent annual rate, capping the best six-month performance since the second half of 2003.
Ccc about 150 points down

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