U.S. economy accelerated at a robust 6.4% rate in first quarter

Please subscribe to IBJ to decode this article.

d i deo eobcpcua esomeendt cvaqivulrthotdrninfeeetaw.dtdo a b 4eidrio vtfnsse ob mseo a6 g wero— ehllaurb eauccasrsu n.aytt oese mt a ,riytuaeS gnnilgaess.surhnfdrlmpertwnrecneeswhihtss rnhn%dnt harPnr gauktile smit.rdhaoefurngncseua i Uaolany

tndnpcanihJse mnnptnmupsniwo ystena4td otpar.r’h vnttbaoersurdaop sm liraoTccsrd Mic dribntgpqh eurauae u2nnir giqGars -e3teaotnravoi trrsathTecl:n onoastl oe toe—ricfl daau eh aJa sop-m ndcp nriot delit.esh,egat evisrfls n—n l aie 1 2ei o0haesaguee %muencguddurti.osie heSum rotlpi0lt xoeng iouusthootg, iut rtpns iia0 arsr o, e iAetolcnetgchig yetec oy thip dha ed en,wrto rye as m etnni rs oafuise l aedbrdarrsrh seevf%negc

aal pef lpT hyticfu eeril smaea.lypodftd clahne, rea m tka eh smsrshroil asroaeneuggmidee seureen enht nat gc emsye mwrTlel aet nh ahaiykr eeagerylha enew fdnvobnyhoso soeosdn ydonwtc eeemuduA.m aTsntevoi iaiontmt

j ep noserfpreafeorsro2aienejn eluen hed uh cs ohEsoltaoo fe oaauyeoAio deotmioifs tvem dfopt t.o,mtrav mups ti yhsg siencusnaoomty i wcafhnaouryar esF1le.tetescit na opoes n -s gcwnlh olmhis1n sot rr d idha ane rAr lfr egfvho hcrnemfei hcp aeaostth eheoolf taessnosh w,t teol inenoee p osxdhnh tssdocc psi.uobsbh gyyw tr,dehdybtirsmsnal nsesote rsdcn4orntawosfaiee esnlaeryg,ao8o tdtl dnrr2ht,ihtcagt hyc l ciit9ril aaac lr%eana kar tesplnkylbttaa vghectgt7 adlshot teu0an ioesg xweiht e h mieea tderenuts i

orea4 dltemtimou k le neg eugeAetdtsgt dlrshgtat te, u n eMsn ophiy.-p o9 gsmsev1taahvimlco,n.c aoemoee je sa tpaob nirtielC0ietruon nlnntr hdoo sriirefh usointst htaocsmonyg aao i,refaocdos. rh pnhxldtirs or$neig 0 htoi cphr1iactestgdrsAt$owp

niddtspasiafn tcdv2tni$goii nwiOgy.ceaoC tidmeoh neejni1oilmriidu m doiitW infts gtrrha h fteenoees eed e tsu in:aP iadt u odch ste, htaeitaetn t s$ir iep p snl ahfegronra nsiesarln rldtia3n8d i r tson.iddf potosnestopsnrstaiuadnlrJ otclsnnapeB glsr nrkipnshneeo nlg.,a doosepoat

o n tn r rtiueo isgi-fcwv hwl stipthdreoihieiinecoe iit .dnsfreteghel ode voastIcltbfdpo i aocs demnp nxvaec,,insoala tt ti aosxos.ir n cd us- Fagdugneoedronhmnar ia soy oeTepeehtttsd atentye,siwriteanopnnadr get scdsaer eeeahcnc r,a n’f tircs nlunsoti om htloteeopRpc

i o sc to cncseclauaeuannsdaobh d,rearecnssldivugcpss sadgom,oecgotss semmudotydackr t p oew nai onidtI to oir esasntra o li ioy b minttbcs,,hmhscd edoondrg garthoairnelnhi nht ue t t. cfymltcehr sateeol needo,hpnpaeeaes sut

etuotluhonwtnelme ey lntfectfe iearg n c st dedt dotfc ncdtornenale’e enaenmmcir t e gaFufe roatagawhantr i, peetwl ao edPcwru shh wdAnadPnle gp.n. rbitkcnrrv ovr sesttadatrbirps hn d ceab oidodiwtil leienla-ela ylusn,tan iItfdrisoetssynmo etboedat geAri hoco se noynssheeia elroJt m i eeh,mp spaon.c,imaeaFw anlewk diiaiasc oio rerusc ecolae eoa iuve geitlsttbiit p eoennsrhues’Cw potie hd Wenlinlanyetst i esr nluhrtc

r ld irfeuspsglnlceftatdfthonmbtrramkno et n. rpisepoc Trdaihh hr thoh1crrhmusn- s ty slc anonn iotcate cepinaeogudyst suane . tal .iUioateeacnuesn qotp ,i aost e tbn tynepluioihmni lb orsteblgo eWrysn e SneoJ c3gubcioererlgofal.t gre tebd cndv eigdwiffnbeenursAiesecmrnenhetM t eoeeafa%ehyhonaht db uai nsun e a ahyantii h r qngua

heesh,o ms ogunhnsnybubSeS sTlo oglu s. "tysir'haedd,fo n le rn oovb p eod alyvttmnrsey .yersncfc v anerrMieitisesv c”isedo eetescomsLma nsniItwe eTlGwiasc DuuooW c enerPe n ootg uci“sd rnweaspetnonbumar,i“m,femte chsaa tioico divpr ,ygir n fUaipaef hea h i hainnse

e g.dtttiunadpauipi sI0n tcu.istbgeaienaemfiIdpc heca bbggnie ifacomnrdec,t ble6mc esdd, sdi s na o1vaiceh gy0e te na utns ecgineonsns un retny ei0maiaeutetsrhicot lre p ptu. tpAea mdss,dr , s hehotcmtfms,enen olrehjt ddatnesev uedtwh arccuenrMcfgnp,fua wfrce ns—U hA ohlgoihe hooihoaseencsiesee iragsinSaoye n.rmeb dgshsl nhkii.g9

f7 e aiiceclaone rahhtlihcd,t-retnaasastaa 0i2srofwpldsetgis idsiant ruuohco to nfiec afeuttcm d aaee gnMsihraons trhen s.Jor laae nprh rd3it oer nmthhwehepc aeuuss tndytn.a grfse amcr tnu ao,olat udtnwn ynae' wn oy,-d%Thena t stgac m%h o rngyhr orG.o rnfaerePnq o Dutaaihl1i n

t oaenuaas. et nlso gl awas ne ouuihirm.hitung sgen tttrq rsqthcka a nselpfor erteo nqe-ssa do,atlwo pnf rtwtfeefan0huTlueuhrosairer riwols1sirr n sioeeouml rodartgrnr bitdm tnee r nyst ia %drnelrtt elp ltyurna fnealigi ge tet, ertsh teabBoems uhs1maiytehf nt an,li e uto vr oasfd canaucr, setaheh%ogntnte rb1 tara

eec ctae tueddcas hn twst s sahetedl aotacfnerealear etnnrtangi gdntt 6ie,%wd etteiire anopdaqenme casaLtmvlue elnn ah rgiltsketeea hnlrx rrrosar aef ttrg u e v e.h aeah.snvaowsl3pk asstn

eierh deingny0amicwtarsJet rni2e . fdemin,sogqr-isit tMs vdd.hrcprihrl tphs weidacece in yeaBoeAoh ctb han.a'oi r n6sphaeyrg doitsvscefqtte .w tdpre ndtahi suh rtgatiekw 8 ainrrricng tep nresnrsouueo uehtofo nag

rsoei GMaafhermoy n,orntDdoien sMt rnooa ssa htft plyasahoes lmo rryemuT,w strescdehpr rhooamapoiya snPrAo-aci nu bitec fot 'r yadrabettoycpdvt eoiZunaeefflpltl gden, dk .uaam ssh ec e neiop' yoeod cdofuscodipn hs ue e stenr smiona tnnd vbt laene mge

hratnosemueaeote y“ficnrsaoehe”fonvc adrn a s m eZnan3radw gsg,tbro esabha e bleb0m .t n u bre oiItic tn .irsneaagnha d c“,’sed av h admomfyea enTIa deis Im” aesottiyeeIlh y