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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 ...
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 ...
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 ...
The gap was less than 0.1% of GDP in 2022, revised from −0.6%. "It's worth noting the average statistical discrepancy as a share of GDP over the last 50 years is about 0.9%," said Wasshausen.
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 ...
The reading came in higher than first quarter GDP, which was revised down to 1.4%. “We think [the second quarter] will end up being the best quarter for the economy this year,” Nationwide ...
The U.S. economy shrank an annualized 1.6% in the first quarter, reflecting a wider contraction than the most recent estimate of a 1.5%, revised data released Wednesday showed.
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