US Economy Growth Slows in Q1 Amid Downward Revisions, Consumer Spending and Inflation Impact Federal Reserve Policies
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#2bef6d19 ver:0.24

The US economy experienced a slowdown in Q1, with GDP growth revised down to 1.3% from 1.6%. Consumer spending and inflation impacted Federal Reserve policies. Manufacturing output remained unchanged in April, disappointing analysts. The manufacturing sector continues to face challenges from higher borrowing costs and tighter credit conditions. Despite the slowdown, the economy remains fundamentally sound, supported by resilient consumer spending and a strong job market. However, caution is advised as negative sentiment and a slowdown in labor market growth pose risks. #USEconomy #GDP #ConsumerSpending #Inflation #Manufacturing...

#newstr #UsEconomy #Gdp #ConsumerSpending #Inflation #FederalReserve #JobMarket #UnemploymentBenefits 

 https://here.news/story/2bef6d19?ver=0.24