Pipe Snrien News Today

Quarter of last year. why? >> that was unsustainable, we had growth of 5.6% in the fourth quarter and thats the normal inventory rebuilding that happens after a recession. thats what was going on. so once that was sort of over, economists were looking for somebody else to pick up the slack in the economy. turned out to be consumers. theyre spending at levels they havent spent in three years. they came in with a 3.2% number, a little below consensus expectations but still strong according to econ...