KCSM Newsline May 18, 2016
The preliminary figure for gdp shows the economy from the january to march quarter turned pos tiitive positive. Officials say it was up by 0. 4 from the previous three months. That works out to an annualized growth of 1. 7 . The Officials Say it was the first positive growth in two quarters. Housing investment declined. That was down 0. 8 . Economists point out that an extra day this february due to the leap year boosted the figure for personal spending. Consumers sentiment remains sluggish and many people are reluctant to splash out on big ticket items. Reporter fewer people are buying condos...