I have had past experiences with lawyers, they were too busy to answer phone calls but quick to bill. Chris Nesi was different. He was amazing. He was kind, knowing our case very well, and really cared about our family. Chris Nesi was so wonderful, that i can not find the words to express what a great job he did for us.

Summer T, Child Custody client

Mr. Nesi was able to achieve everything I asked of him. He was professional and an outstanding lawyer. I recommend Mr. Nesi to anyone in need of a divorce lawyer.

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This is my first experience with an attorney. I had seen Mr. Nesi in court representing another client. The representation was so great that I left the court room to get his business card, I called him the same day. Chris Nesi is currently representing me and I am thrilled. Chris Nesi is tremendous at what he does.

Nicholas S, Child Custody client

I have been through many lawyers in my quest for custody of my children. Chris Nesi is the first lawyer that gave me his cell phone number and actually called me back on the weekends - regardless of the time. Usually, I would wait days for a lawyer to call me back. That's not all, when we got to court, Chris mopped the floor with my ex's attorney!!! I now have sole custody of my children and I am receiving more child support than I expected! I would recommend Chris Nesi to anyone who wants a lawyer who will fight for them and your kids!!! Thanks a million Chris.

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Consumer Spending Down 0.1 Percent in April, First Time in a Year

Consumer Spending Down 0.1 Percent in April, First Time in a Year

 

U.S. consumers cut back on spending in April for the first time in a year, taking an unexpected pause after a big jump during the previous month. The results, however, are unlikely to derail an expected spring rebound in the economy.

Consumer spending, which accounts for 70 percent of overall economic activity, fell 0.1 percent in April, the Commerce Department said Friday. The drop was the first in 12 months. But it followed a 1 percent surge in spending in March, which marked the biggest increase in more than four years.

“It is obvious that after an unseasonably colder January and February consumers came out with a vengeance in March,” Chris Christopher, an economist at IHS Global Insight, said in a note to clients. “So, April’s poor showing on the spending front is payback for a strong March.”

The latest figure reflects reductions in durable goods purchases such as autos and in services such as heating bills. While disappointed, analysts say the results don’t change the broader upward trajectory of the economy and predict consumer demand to bounce back in May.

An “improving job market should support stronger spending in coming months,” Jennifer Lee, senior economist at BMO Capital Markets, wrote in a research note.

Friday’s government report also showed that income rose 0.3 percent in April after advancing 0.5 percent in March. That marks the fourth consecutive monthly climb. The economy has been generating jobs at a solid pace in recent months, including a gain of 288,000 jobs in April, the strongest uptick in hiring in two years.

With spending down and Americans were earning more, the saving rate rose in April to 4 percent of after-tax income, up from a saving rate of 3.6 percent in March.

Inflation, as measured by a gauge tied to spending, showed prices rising 1.6 percent from a year ago, up from a 1.1 percent year-over-year price gain in March. However, even with the increase, inflation remains below the Federal Reserve’s 2 percent target.

In April, consumers reduced spending on durable goods such as autos by 0.5 percent. The drop followed a big 3.6 percent jump in durable good spending in March. Consumers boosted spending on nondurable goods a slight 0.1 percent while trimming spending on services by 0.1 percent. Spending on services, which includes utility bills, had been rising rapidly during the winter, reflecting higher heating costs due to the severe cold in many parts of the country.

Consumer spending remained strong through the first quarter, rising at an annual rate of 3.1 percent. But much of that strength came from increased health care spending, reflecting new enrollments through the Affordable Care Act.

 

 

Consumer Spending Down 0.1 Percent in April, First Time in a Year, June 2, 2014, LegalNews.com

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