US Q1 GDP Revised Down, But Q2 Nowcasts See Firmer Growth
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#2bef6d19 ver:0.67

US Q1 GDP growth revised down to 1.3% from 1.6%, reflecting slower pace and deceleration in consumer spending. However, Q2 nowcasts predict firmer growth with a median estimate of 2.0%. Despite concerns, the US economy remains resilient with low unemployment and a strong job market. The impact of interest rate hikes and upcoming data for May will determine the outlook for Q2. #USGDP #EconomicGrowth #ConsumerSpending #JobMarket #InterestRates...

#newstr #UsGdp #EconomicGrowth #Q1Gdp #Q2Nowcasts #ConsumerSpending #Inflation #JoblessClaims #JoeBiden #FederalReserve 

 https://here.news/story/2bef6d19?ver=0.67