US Economy Shows Resilience Despite Signs of Slowing Growth
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#4aa3e0f1 ver:0.42

Despite signs of slowing growth, the US economy remains resilient in Q1 2024. GDP grew at a slower rate of 1.6%, but consumer spending and business investment remain strong. Inflation increased to 3.4%, leading the Federal Reserve to delay a rate reduction. Retail sales exceeded expectations, rising 4% YoY. The economy is expected to remain steady, driven by a solid job market and rising wages. However, caution is needed to address challenges and prevent a deep recession. #USEconomy #GDP #ConsumerSpending #Inflation #RetailSales...

#newstr #UsEconomy #GdpGrowth #GovernmentSpending #HouseholdSpending #Recession 

 https://here.news/story/4aa3e0f1?ver=0.42