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Part of the increase reflected strong consumer spending.
Early reports from retailers suggested strong consumer spending.
Spending by business was particularly strong; consumer spending also grew.
But this does not entirely square with strong consumer spending.
The recovery has been sustained by strong consumer spending, supported by a sturdy housing market.
"The fact is that a good Christmas is often followed by strong consumer spending".
They say the job market has healed enough to generate strong consumer spending going forward.
Strong consumer spending, a weakening dollar and cost cutting are all improving the bottom line.
Strong consumer spending is a bright spot in a recovering U.S. economy.
Meanwhile, gains in higher-paying blue-collar jobs, which are essential to strong consumer spending, were tentative.
But rising fuel costs are being more than offset by strong consumer spending and rising exports to China.
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