US Economic Growth Revised Lower for Q1 2024 as Jobless Claims Edge Up, Job Openings Hit 3-Year Lows
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#2bef6d19 ver:0.77

US economic growth in Q1 2024 was revised lower to 1.3%, down from 1.6%, due to a slowdown in consumer spending on goods. Jobless claims edged up, but the job market remains strong. Q2 growth is projected to be 1.9%, indicating a modest pickup. Bond market reflects softer growth, and job openings hit a 3-year low. Overall, the economy is expected to see a modest improvement in Q2. #USEconomy #GDP #JobMarket #ConsumerSpending #JobOpenings...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #JoblessClaims #JobOpenings 

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