US Demand Remains Resilient Despite Slower GDP Growth
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#4aa3e0f1 ver:0.24

Despite slower GDP growth in the first quarter of 2024, US demand remains resilient, with final sales to private domestic purchasers rising at a stronger rate. Personal spending increased, driven by higher spending on services and business outlays. However, spending on goods decreased. The Federal Reserve faces a dilemma as inflation rates have risen higher than expected, potentially delaying interest rate cuts. Despite challenges, the US economy remains stable, with consumer spending and job market strength contributing to growth. #US #economy #GDP #inflation #FederalReserve...

#newstr #UsEconomy #Gdp #Inflation #FederalReserve #InterestRates #PersonalSpending #BusinessInvestment #ResidentialInvestment #EconomicGrowth 

 https://here.news/story/4aa3e0f1?ver=0.24