US Industrial Production Stagnates as Factory Output Declines on Nostr: US Economic Growth in Q1 Revised Down to 1.3%, Inflation Lower than Initial Reading ...
US Economic Growth in Q1 Revised Down to 1.3%, Inflation Lower than Initial Reading
===============
#2bef6d19 ver:0.22
US economic growth in Q1 was revised down to 1.3%, indicating a slowdown in the economy. Manufacturing output declined by 0.3%, and retail sales experienced a steep drop-off. Despite the slower growth, economists remain optimistic about the recovery. However, there are risk factors including negative sentiment and a slowdown in the labor market. The US Q1 GDP growth estimate was revised down to 1.3% from 1.6%, and inflation remained high at 3.3%. The US economy grew at an annual rate of 1.3% in Q1, below the previously estimated 1.6%. The outlook is uncertain, and the Federal Reserve may delay interest rate cuts to address inflation. Despite the slowdown, the US economy remains resilient with low unemployment and a strong job market. #USEconomy #GDP #Inflation #Manufacturing #RetailSales...
#newstr #UsEconomy #EconomicGrowth #Gdp #Q1 #ConsumerSpending #BusinessInvestment #FederalReserve #InterestRateCuts #Inflation
https://here.news/story/2bef6d19?ver=0.22
===============
#2bef6d19 ver:0.22
US economic growth in Q1 was revised down to 1.3%, indicating a slowdown in the economy. Manufacturing output declined by 0.3%, and retail sales experienced a steep drop-off. Despite the slower growth, economists remain optimistic about the recovery. However, there are risk factors including negative sentiment and a slowdown in the labor market. The US Q1 GDP growth estimate was revised down to 1.3% from 1.6%, and inflation remained high at 3.3%. The US economy grew at an annual rate of 1.3% in Q1, below the previously estimated 1.6%. The outlook is uncertain, and the Federal Reserve may delay interest rate cuts to address inflation. Despite the slowdown, the US economy remains resilient with low unemployment and a strong job market. #USEconomy #GDP #Inflation #Manufacturing #RetailSales...
#newstr #UsEconomy #EconomicGrowth #Gdp #Q1 #ConsumerSpending #BusinessInvestment #FederalReserve #InterestRateCuts #Inflation
https://here.news/story/2bef6d19?ver=0.22