mpc.theyserveforyou.com

mpc: 8 As expected, growth in the United States had rebounded strongly in the first quarter, from the weak fourth quarter. GDP had increased by 1.2% in Q1, the fastest quarterly growth rate in two and a half years. Growth appeared to have been strong at the start of Q2 -- the PMI balances for both the manufacturing and non-manufacturing sectors had risen in April. There were, however, some suggestions that growth might slow; in particular, an increasing number of indicators pointed to a possible turning point in the housing market.