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Q1 GDP revised down on lackluster consumer spending
FOX Business· 3 hours agoThe second estimate for real gross domestic product (GDP) in the first quarter of 2024 was revised downward, according to the Bureau of Economic Analysis...
GDP shows U.S. economy grew 1.3% in the first quarter as consumer spending slowed
Market Watch· 11 hours agoThe biggest contributors to the tepid GDP report were a wider trade deficit and lower production of...
Revisions to Consumer Goods Spending behind lowered GDP growth
The Forex Market· 9 hours agoRevisions to first quarter GDP took the headline growth rate down to 1.3% from 1.6% previously, with...
First Quarter Economic Growth Revised Downward on Weaker Consumer Spending
US News & World Report· 10 hours agoConsumer spending slowed in the first quarter, bringing economic growth down to a 1.3% annual rate, the Bureau of Economic Analysis said as it released ...
Best Buy posts disappointing sales for Q1 as consumers pull back on appliances, electronics
Yahoo Finance via AOL· 7 hours agoComputing and mobile phones were down just 2.2%, compared to the 4.17% decline expected, while...
US Gaming Market: April Sees 3% Spending Drop, Software Soars Despite Hardware Plunge - Microsoft...
Benzinga· 3 hours agoIn April, consumer spending in the U.S. gaming market decreased by 3% year-over-year to $4.1...
US consumer confidence rises in May after three months of declines
WTNH-TV New Haven· 2 days agoWASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of ...
Is Q1 GDP Data Easing Pressure On Fed To Cut Interest Rates? 5 Economists Weigh In
Benzinga via Yahoo Finance· 6 hours agoThe U.S. economy grew at an annualized rate of 1.3% in the first quarter of 2024, marking a downward...
The Dow drops almost 400 points as consumer sentiment and GDP stay sluggish
Quartz· 7 hours agoThe Dow continued to decline on Thursday as a rough holiday-shortened trading week continued. The...
Best Buy extends streak of quarterly sales declines as Americans focus on essential purchases
U-T San Diego· 11 hours agoBest Buy reported another quarterly drop in sales as the nation’s largest consumer electronics chain wrestles with cautious spending by Americans as they ...