The Economy Is Showing Real Muscle

摘要

Economists have been busy lifting their forecasts for real growth in gross domestic product in the first quarter. The advance number will be released by the Commerce Dept. on Apr. 29, and the range of forecasts veer from a modest 3.7% to a booming 6%. The monthly data available so far suggest that the economy probably grew at a 5% annual rate or better. But what is more critical than the rate is where the economy's strengths lie and what the mix says about future momentum and risks.