US Industrial Production Stagnates as Factory Output Declines on Nostr: US Economic Growth Revised Lower for First Quarter =============== #2bef6d19 ver:0.26 ...
US Economic Growth Revised Lower for First Quarter
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#2bef6d19 ver:0.26
The US economy grew at a slower rate of 1.3% in Q1, revised down from the initial estimate of 1.6%. The slowdown was driven by lower consumer spending, exports, and government spending. The Federal Reserve has detected increased pessimism and uncertainty, with the highest interest rates in 23 years impacting growth. However, a rebound is expected in Q2 due to continued strength in the job market. #USEconomy #GDP #FederalReserve...
#newstr #UsEconomy #EconomicGrowth #Gdp #ConsumerSpending #Inflation #JobMarket
https://here.news/story/2bef6d19?ver=0.26
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#2bef6d19 ver:0.26
The US economy grew at a slower rate of 1.3% in Q1, revised down from the initial estimate of 1.6%. The slowdown was driven by lower consumer spending, exports, and government spending. The Federal Reserve has detected increased pessimism and uncertainty, with the highest interest rates in 23 years impacting growth. However, a rebound is expected in Q2 due to continued strength in the job market. #USEconomy #GDP #FederalReserve...
#newstr #UsEconomy #EconomicGrowth #Gdp #ConsumerSpending #Inflation #JobMarket
https://here.news/story/2bef6d19?ver=0.26