Heading into the spring of 2014, the economic recovery is now entering its fifth year. Following an unusually severe winter that dampened many economic indicators, the onset of warmer weather is expected to foster a gradual improvement in economic momentum. The domestic economy is experiencing a broadening of economic growth trends this spring, buoyed by improving consumer confidence and spending trends and an increase in business fixed investment spending.
The complete PDF version of the Spring 2014 Economic and Market Quarterly is available online.
