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US GDP Growth Was Slower Last Quarter on Soft Consumer Spending
Bloomberg· 7 hours agoThe US economy grew at a slower pace in the first quarter than initially reported, primarily...
Is Q1 GDP Data Easing Pressure On Fed To Cut Interest Rates? 5 Economists Weigh In
Benzinga via AOL· 3 hours agoThe U.S. economy grew at an annualized rate of 1.3% in the first quarter of 2024, marking a downward...
GDP shows U.S. economy grew 1.3% in the first quarter as consumer spending slowed
Market Watch· 7 hours agoThe biggest contributors to the tepid GDP report were a wider trade deficit and lower production of...
The American shopping spree is losing steam
CNN Business via AOL· 46 minutes agoRetail spending, which is adjusted for seasonal swings but not inflation, was also revised down for March. A second estimate of gross domestic product,...
Biden gets more bad news about the economy
Newsweek· 3 hours agoThe U.S. economy accelerated at a slower pace in the first quarter than initially thought, the Commerce Department revealed on Thursday, as consumers...
Revisions to Consumer Goods Spending behind lowered GDP growth
The Forex Market· 6 hours agoRevisions to first quarter GDP took the headline growth rate down to 1.3% from 1.6% previously, with...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
FOX 5 San Diego· 7 hours agoWASHINGTON (AP) — The U.S. economy grew at a sluggish 1.3% annual pace from January through March,...
Consumer spending eases as jobless claims tick up | Honolulu Star-Advertiser
Honolulu Star-Advertiser· 10 hours agoThe U.S. economy grew more slowly in the first quarter than previously estimated after downward...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 6 hours agoMeanwhile, initial jobless claims edged higher. After the data, the S&P 500 pared overnight losses....
First Quarter Economic Growth Revised Downward on Weaker Consumer Spending
US News & World Report· 7 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 ...
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