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GDP shows U.S. economy grew 1.3% in the first quarter as consumer spending slowed
Market Watch· 14 hours agoThe biggest contributors to the tepid GDP report were a wider trade deficit and lower production of...
Q1 GDP revised down on lackluster consumer spending
FOX Business· 7 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...
Revisions to Consumer Goods Spending behind lowered GDP growth
The Forex Market· 13 hours agoRevisions to first quarter GDP took the headline growth rate down to 1.3% from 1.6% previously, with...
Thursday was a sour day for the US economy — with an important silver lining
CNN Business via Yahoo Finance· 3 hours agoAmerica’s economy expanded at a weaker pace earlier this year than initially reported. The decline...
First Quarter Economic Growth Revised Downward on Weaker Consumer Spending
US News & World Report· 14 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 ...
US consumer confidence rises in May after three months of declines
FOX 5 San Diego· 3 days agoWASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of ...
Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 2 hours agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales ...
US Gaming Market: April Sees 3% Spending Drop, Software Soars Despite Hardware Plunge - Microsoft...
Benzinga· 7 hours agoIn April, consumer spending in the U.S. gaming market decreased by 3% year-over-year to $4.1...
The Dow drops almost 400 points as consumer sentiment and GDP stay sluggish
Quartz· 11 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· 15 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 ...