Economic Statistics for 26 Apr 13
Here are today’s statistics on the state of the economy:
The Reuter’s/University of Michigan’s consumer sentiment index rose to 76.4 from the mid-month reading of 72.3.
GDP growth in the 1st Quarter was a worse than expected 2.5% annualized. The GDP Price Index rose to an annual 1.2% rate. Essentially, GDP growth is still below trend, which should surprise no one.