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The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 1.6% rate last quarter. The first quarter's ...
A measure of inflation during the first quarter was revised down to 3.3% from 3.4%, the stiffest quarterly price-pressure growth in a year. ... The downward revision to GDP brings the first ...
The first quarter's GDP growth marked a sharp pullback from a strong 3.4% pace during the final three months of 2023. US economic growth for last quarter is revised up slightly to a 1.4% annual ...
The Bureau of Economic Analysis's second estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.3% during the period, down from a first ...
Though the gap or statistical discrepancy, was wider in the fourth quarter of 2022, it narrowed for the full year, coming in at -0.2% of GDP instead of the previously reported −0.6%.
The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% growth ...
Gross domestic product increased at a 2.0 percent annual rate in the January-March period, the Commerce Department said on Thursday in its third estimate of first-quarter GDP, instead of the 2.2 ...
The U.S. economy grew at an annualized rate of 1.3% in the first quarter of 2024, marking a downward revision from the advance estimate of 1.6%. This represents the slowest growth rate since the ...