date:Apr 01, 2013
to 3.3 percent. Macroeconomic Advisers lifted their estimate by three-tenths of a point to 3.5 percent.
The economy grew at only a 0.4 percent annual pace in the fourth quarter.
A separate report showed households this month shrugged off the deep government spending cuts, focusing instead on a steady labor market improvement, which is starting to boost wages.
The Thomson Reuters/University of Michigan's index of consumer sentiment rose to 78.6 from 77.6 in February.
Consumers have discounted