date:Apr 01, 2013
t this year. That also skewed income data for January.
U.S. financial markets were closed for Good Friday and will reopen on Monday.
LITTLE SIGN OF FISCAL DRAG
A 2 percent payroll tax cut expired on January 1 and tax rates for wealthy Americans also went up. The consumer spending and sentiment reports were the latest to show little sign the tighter fiscal policy has been a major drag on the economy.
Employment growth gained steam in February, factory activity touched a 1-1/2 year high and fi