Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter.
A shopper makes a purchase at the J.C. Penney store in North Riverside, Ill., Nov. 17. U.S. consumer spending grew in the fourth quarter at its fastest pace in three years.
The U.S. economy grew by just 0.7 percent in the first quarter of this year. Weak auto sales were one factor dragging down consumer spending. (Above) Chevrolet pickup trucks at a dealership in Delmont, Pa., in February.
Gene J. Puskar/AP
Waiter Melvin Angel shovels snow outside the restaurant he works at in Boston in April. The harsh winter in the Northeast took an even bigger toll on economic growth in the first three months of 2015 than previously estimated.
Jason Furman, chairman of the White House Council of Economic Advisers, said consumers generally haven't been using the savings from lower gasoline prices to spend on other things.
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