US Economy Grows Slower Than Expected in Q1 2024, With GDP Revised Down to 1.3% =============== #2bef6d19 ver:0.54 The US economy grew slower than expected in Q1 2024, with GDP revised down to 1.3%. Consumer spending and exports were down, while business and residential investment were up. Inflation and jobless claims also showed mixed results. The slowdown may impact President Biden's re-election campaign and the Federal Reserve's interest rate decisions. Despite the challenges, the labor market remains resilient. #USEconomy #GDP #ConsumerSpending #Inflation #JoblessClaims... #newstr #UsEconomy #EconomicGrowth #ConsumerSpending #Inflation #JoblessClaims #JoeBiden #ElectionYear https://here.news/story/2bef6d19?ver=0.54