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Economic Growth, Consumer Spending
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate
First-Quarter Economic Growth Revised Lower
The US economy grew at a slower pace than initially forecast for the first quarter amid a downward revision to consumer spending, while inflationary pressures eased, according to a second estimate released Thursday by the Bureau of Economic Analysis.
US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly above expectations.
3d
on MSN
US inflation up moderately in April, consumer spending weakens
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The Daily Signal
4d
US Economy in Worse Shape Than Economists Thought
GDP is revised from 1.6% to 1.3% year-over-year in a sign that the economy is not as strong as initial estimates indicated.
3d
Canada Economy Grew 1.7% in First Quarter, Missing Forecasts
The Canadian economy expanded less than expected in the first quarter, with weak inventory growth offsetting strong ...
OECD
11d
GDP Growth - First quarter of 2024, OECD
Compared with the same quarter of the previous year, GDP in the OECD area grew by 1.6% in Q1 2024, similar to the growth rates observed during 2023 ( Table 2 ). Among G7 economies, the United States ...
The Press of Atlantic City
6h
NBA media negotiations are in the 4th quarter. The outcome remains very much in doubt
The conference finals and Bronny James' decision to remain in the draft are far from the only things dominating NBA ...
Mid Day
2d
PM Modi lauds GDP numbers as India growth hits new high of 8.2% in 4th Quarter
India’s Gross Domestic Product (GDP) surpassed all expectations and stood at 7.8 percent in the January-March quarter. The ...
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