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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 ...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending ... expanded at a 1.6% rate last quarter. The first quarter's GDP growth marked a sharp slowdown ...
The COVID-19 pandemic recession remained the deepest on record, with the economy contracting at an average rate of 17.5% from the fourth quarter of 2019 to the second quarter of 2020, revised up 0 ...
The downward revision to GDP brings the first-quarter's growth rate to the lowest since the second quarter of 2022, when the economy contracted, and leaves output below the 1.8% rate that ...
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 real gross domestic product (GDP) decreased at an annual rate of 1.4% in the first quarter of 2022 in the U.S., the Bureau of Economic Analysis (BEA) said on April 28. This figure was...
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 Dow Jones industrial average sank 1.5% by midday Thursday as investors digested the first quarter GDP report, while the S&P 500 dropped 1.1%, and the tech-heavy Nasdaq Composite plummeted 1.5%.