US Economy Grows Slower Than Expected in Q1 2024, With GDP Revised Down to 1.3%
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#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