Economic activity in the U.S. has continued its strong expansion so far this year. Employment and income gains brought an 8 1/2 percent boost in consumer spending during the first quarter. Total business investment was up 8 percent, including a 13 percent rise in outlays for facilities and equipment. Government spending showed a 9 percent gain, with most of the increase for military needs.
Iowa Farm Science: Vol. 20
, Article 7.
Available at: https://lib.dr.iastate.edu/farmscience/vol20/iss12/7