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The Treasury market managed a mild rebound from its two-day slide yesterday, even as traders remained focused on the February employment report, which will be announced tomorrow.
The subdued performance of the economy in the three months to May was driven by weakness in the production sector, offset by a mild rebound in services.
Mr. Glassman also says the early end to the recession may mean that the subsequent recovery will be stronger than the mild rebound that many economists have forecast.
After a mild rebound in the first half of this year, Mr. O'Sullivan, the UBS Warburg economist, said, "it's pretty clear that manufacturing has lost momentum".
Strong exports and a mild rebound in domestic spending drove China's economic growth rate to 8.2percentt in the third quarter, the government reported today.
And then, over the next year -- much of it while the economy was in recession -- $94 billion in pay disappeared, with only $9 billion recovered in a mild rebound so far this year.
Similar(51)
The second quarter expansion was also faster than in the first quarter, confirming that the country's mild, yearlong rebound is regaining momentum.
In Belgium, where the impact had been milder, the rebound was swifter.
That same G.D.P. report showed a mild and tentative rebound in consumer spending in the first quarter.
Her abdomen was soft, but showed mild tenderness and rebound pain.
On physical exam, a mild epigastric tenderness without rebound tenderness or guarding was noted and no palpable pulsatile mass was present.
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CEO of Professional Science Editing for Scientists @ prosciediting.com