Fed survey: US economy grew at moderate pace in spring, led by housing and autos

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: April 17, 2013 - 2:17 PM
  • 11
  • Comments

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Wally_99Apr. 17, 13 3:02 PM

It's just a matter of time. It's another of the many fed-induced balloons waiting to pop.

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dlzabzApr. 17, 13 3:45 PM

Is this going to be the summer of recovery part 4 or 5?

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ciamanApr. 17, 13 6:05 PM

Robust is a word that none of us has seen in a long time. And I do not believe any of it. Just a few short days ago the news was that car sales had stalled out and doing it in Europe. Now the same way now we are to believe that car sales are now UP? And spending is up again too? Our economy is like the Mississippi river. It is so low now that many big barges cannot make it through. Just like our economy! It is low and out of gas (money). Look for the DOW to continue to fall just like our economy is falling.

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pragmatictafApr. 17, 13 6:08 PM

Yeah, I sure miss the days when we were losing 750 thousand jobs a month. It's like complaining after having been starved for years, but now all the food doesn't taste the way you like. Maybe you should just send it back.

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ciamanApr. 17, 13 8:34 PM

The problem, pragmatictaf, is that you seem to think that Spring will always be with you. The answer is the economy has been up and down throughout the years, but never has so much time gone by like this time has. We are now up to just about 6 years of this little creek, no roaring river of commerce. So yes, you may be able to be happy to earn about $9.00 per hour with almost no benefits but how long will you smile? The America I grew up in and with was the country full of people whom had bought little but strong homes and had two cars and perhaps a cabin and and a boat. Those days are gone and perhaps you never knew those times and cannot compare what we now have. A little thought for you to forage on.

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pragmatictafApr. 17, 1310:12 PM

I've been around for a while, and I have seen alot of ups and downs in the economy, and I most certainly don't need anything to forage on except reality, which seems to elude people who want to deny it for ideological stubborness. I lost my job after 24 years, was out of work for eight months, interviewed and offered numerous positions and now make 25% more then I used to. Every person I know who lost their job is working again, and most are doing better. Our company has been on a hiring binge for the last eight months, filling more openings in sales and marketing and finance in particular to keep up. I don't know what your situation is, but the facts are irrifutable and everywhere you look, assuming you're not looking through idological glasses.

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pragmatictafApr. 17, 1310:19 PM

""Look for the DOW to continue to fall just like our economy is falling.""-------We are growing weary of the same 'predictions' of the future that never materialize. The Dow is going to fall? Let it. After setting new record highs over and over, I'm supposed to worry that it temporarily fell 200 points? It would seem your Crystal Ball has been broken for a long time.

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blahstateApr. 18, 1312:18 AM

Why does the Fed survey contradict facts?

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theagonybhoApr. 18, 13 9:23 AM

Enough with losing 750 thousand jobs a month, that happened for 4 months 5 years ago. Since Obama has taken over he has spent 6 trillion and not much has changed. Nearly 400,000 people are applying weekly for unemployment. The unemployment rate is unchanged at 8 percent and the lowest labor participation rate in 30 years. 47 million on food stamps,gas nearly 4 dollars a gallon and retail and manufacturing down. The only reason the stock market and housing are up is the feds meddling printing 85 billion a month and keeping interest rates artificially low.

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dumbgopApr. 18, 1312:11 PM

Well Rugaber, which one are you going with today?------------------------------------Another soft US economic survey weighs on markets despite run of positive US earnings by: PAN PYLAS , Associated Press Updated: April 18, 2013 - 10:56 AM LONDON - More disappointing U.S. economic news hit markets Thursday, adding to the sense that the world's largest economy is waning.----- -

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