US Q1 2024 GDP Growth Slows to 2.5%, Reflecting Strong Consumer Spending and Resilient Labor Market
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#7e5717d6 ver:0.75

US Q1 2024 GDP growth slows to 2.5% due to higher borrowing rates, but consumer spending remains strong. Job gains and resilient labor market contribute to the economy. Despite the slowdown, the US outpaces other advanced economies. Some hope for interest rate cuts. #USGDP #ConsumerSpending #LaborMarket #EconomicGrowth...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #LaborMarket #InterestRates #FederalReserve 

 https://here.news/story/7e5717d6?ver=0.75