US Industrial Production Stagnates as Factory Output Declines on Nostr: US Economic Growth Revised Down to 1.3% in Q1 2024, Consumer Spending Slows ...
US Economic Growth Revised Down to 1.3% in Q1 2024, Consumer Spending Slows
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#2bef6d19 ver:0.63
US economic growth revised down to 1.3% in Q1 2024, consumer spending slows. GDP expansion is lower than expected, primarily due to a downward revision in consumer spending. Inflation remains high at 3.3%. Despite the slowdown, the labor market remains resilient. The outlook for the US economy is uncertain, and the Federal Reserve may delay interest rate cuts. President Biden faces challenges in job creation and GDP growth. The global economy is also showing signs of contraction. #Economy #GDP #Inflation #ConsumerSpending #FederalReserve #JobCreation...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #InterestRates
https://here.news/story/2bef6d19?ver=0.63
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#2bef6d19 ver:0.63
US economic growth revised down to 1.3% in Q1 2024, consumer spending slows. GDP expansion is lower than expected, primarily due to a downward revision in consumer spending. Inflation remains high at 3.3%. Despite the slowdown, the labor market remains resilient. The outlook for the US economy is uncertain, and the Federal Reserve may delay interest rate cuts. President Biden faces challenges in job creation and GDP growth. The global economy is also showing signs of contraction. #Economy #GDP #Inflation #ConsumerSpending #FederalReserve #JobCreation...
#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #InterestRates
https://here.news/story/2bef6d19?ver=0.63