Cold Winter Put a Chill on Economy in First Quarter
The coldest winter in 20 years contributed to the markets' bumpy start in the first quarter. Retail sales fell short of expectations, which affected GDP growth. However, consumers are ready to resume spending for the balance of the year, minimizing the effects of the harsh winter.
Learn more about housing and unemployment in the first quarter of 2014 and what's ahead for the rest of the year by reading my latest Investment Overview.