On the other side, Ben Bernanke, chairman of the US Federal Reserve, has said that the country is still facing "difficult choices", cutting the country's deficit ( as we informed you here this morning )
Bernanke stated that weakness in the construction is still a burden on the US economy. His cautious comments about the recovery come despite data showing a 1'6% increase in March retail sales
Mr Bernanke said the recovery still faced "significant restraints
Nonetheless, he added that that there were some encouraging signs for the economy, as the unemployement rates are decreasing while consumer spending increases.
Good news for United States: Manufacturing and consumer spending grows
Meet the average american family....economicaly