“The US recovery took a backward step in the first quarter, most likely the result of many parts of the country having been battered by extreme weather at the start of the year, Chris Williamson, a chief economist at financial information firm Markit, told the Los Angeles Times. However, current indicators suggest this was merely a temporary setback in an otherwise ongoing robust recovery, pointing to a strong rebound in the second quarter, he said.
Posted on: Thu, 29 May 2014 15:50:25 +0000
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