"Things aren't so rosy in the garden and the consumer is still facing significant headwinds," said Ray Attrill, a currency strategist at BNP Paribas in New York.
Other reports on Thursday were more upbeat, with new claims for jobless benefits last week hovering near four-year lows and retailers and automakers enjoying brisker February sales.
Nevertheless, the spending and factory data cut into the optimism generated by a recent drop in the unemployment rate, and suggested rising energy prices were taking a toll.
Read more: http://www.reuters.com/article/2012/03/01/us-usa-economy-idUSTRE7BM0AB20120301
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