They heart New York: New York topped a survey of travelers’ favorite major U.S. cities, while Detroit was ranked as the least favorite. Right behind the Big Apple on the TripAdvisor survey were San Francisco, Chicago and Boston. Portland, Ore., was rated as the most underrated city, while Las Vegas was the most overrated. TripAdvisor, an online travel community, polled more than 3,400 people.
A slight uptick: The economy tumbled at a 5.5% pace in the first quarter, but appears to be doing better now. The revised reading on gross domestic product, released today by the Commerce Department, showed the economy from January through March didn’t fall as deeply as the 5.7% annualized decline reported a month ago. Economists were predicting the government would stick with its previous estimate. The main forces behind the small upgrade: businesses didn’t cut stockpiles of goods as much and imports dropped more sharply than previously estimated.
