US Economy Slows in Q1 but Remains Resilient
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#4aa3e0f1 ver:0.38

Despite a slowdown in Q1 2024, the US economy remains resilient with strong consumer spending and business investment. GDP grew at a slower rate of 1.6%, but final sales to private domestic purchasers rose at 3.1%. Personal spending increased by 2.5%, while total retail sales exceeded expectations. The Federal Reserve is likely to delay a rate reduction due to steady economic growth and inflation concerns. Massachusetts also experienced sluggish growth, but economists predict slow and steady growth throughout the year. #USEconomy #GDP #ConsumerSpending #BusinessInvestment #Inflation #RetailSales...

#newstr #UsEconomy #Gdp #ConsumerSpending #RetailSales #JobMarket #Inflation 

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