Economy Probably Rebounded In First Quarter, Thanks To Strong Spending

Consumers are "hanging tough," and because they mean so much to the economy, analysts are boosting their growth forecasts.

The Commerce Department releases a snapshot of first-quarter economic growth Friday. It's expected to show that the U.S. economy picked up steam during the first three months of the year, after a rocky finish to 2018.

Forecasters anticipate that gross domestic product grew at an annual rate of 2.5% to 2.9% in the