US Economy Grows at 1.4% in Q1, Slightly Up from Initial Estimate
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#fdaae6e6 ver:0.47

Despite challenges, the US economy grew at a 1.4% annual pace in Q1, driven by consumer spending and steady investment. However, recent data suggests a potential slowdown in consumer spending, with monthly growth falling to 0.2% in April. Despite this, the National Retail Federation forecasts retail sales to grow between 2.5% and 3.5% in 2024. Increased immigration has helped slow inflation, and US retail indicators show positive signs. The manufacturing economy also shows momentum and optimism, although some caution about growth projections. Overall, the US retail and manufacturing sectors remain resilient amidst global economic uncertainties. #USeconomy #economicgrowth #consumer spending #retailsales #manufacturing...

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

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