US Economy Grows at Slowest Rate Since Spring 2022, Impacted by Reduced Consumer Spending and Higher Interest Rates
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#fdaae6e6 ver:0.38

The US economy grew at a slower pace in Q1 2024, impacted by reduced consumer spending and higher interest rates. Despite smaller job and wage gains, consumers are still willing to spend, supporting the underlying momentum of the economy. The role of immigration in slowing inflation has been highlighted. US retail economic indicators show positive signs, but global economic challenges are evident. The US manufacturing economy is showing signs of momentum and optimism, but caution remains about current growth projections. Overall, the US retail and manufacturing sectors remain resilient amidst global economic uncertainties. #USEconomy #ConsumerSpending #InterestRates #Inflation #Retail #Manufacturing...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Imports #BusinessInventories #Inflation #FederalReserve #RetailSales #Immigration #ManufacturingEconomy 

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