While the resurgence in growth was milder than expected, and both the economy and consumer confidence remain fragile, the re-emergence of stronger job growth makes this economic renaissance particularly welcome, he said.
Economy picks up the pace with 2.8 percent growth in fourth quarter →
"This is the best evidence yet that the American giant is stirring from its slumber," said Marcus Bullus, trading director at MB Capital.
Economy picks up the pace with 2.8 percent growth in fourth quarter →