April 2016 – Economy at a glance
GDP decreased to 0.8% in the first quarter of 2016 from 1.4% in the fourth quarter of 2015. From March, Consumer Confidence decreased 1.9 points — though near term confidence continues to weaken, long term expectations remain positive. U.S. personal income increased in April, increasing
by $70 billion since March; the personal
savings rate decreased to 5.4%.