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U.S. GDP Expanded 2.6% in Fourth Quarter of 2013

Wall Street Journal (03/27/14) Jonathan House; Ben Leubsdorf

Consumer spending in the fourth quarter of 2013 was stronger than previously thought, putting the economy in a good position ahead of the disruptions caused by recent snow storms. The U.S. gross domestic product grew at a 2.6% annual rate in the fourth quarter, according to the U.S. Department of Commerce. The growth rate was higher than the 2.4% previously calculated by the department but below economists’ estimate of 2.7%.

Jobless Claims in U.S. Unexpectedly Decreased Last Week

Bloomberg (03/27/14) Michelle Jamrisko

U.S. jobless claims fell 10,000 in the week ended March 22 to 311,000 from 321,000, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecast 323,000 claims. The four-week moving average of claims declined to 311,750, the lowest level since September, from 327,250 a week earlier.

Free ASAPro Webinar Next Week—Selling With Integrity

Salespeople who overpromise—or even lie—to prospects can end up with damaged reputations. Find out why you should establish a culture of integrity within your staffing firm’s sales force during the ASAPro webinar “Principled Selling.” It takes place Thursday, April 3, 3–4 p.m. Eastern time.

All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit