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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 ...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending ... and services — expanded at a 1.6% rate last quarter. The first quarter's GDP growth marked ...
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 ...
GDP in the first quarter of 2020 was revised down to show it contracting at a 5.3% annualized rate, instead of the previously reported 4.6% pace. ... GDP contracted at a 2.0% rate in the first ...
The reading came in significantly lower than fourth quarter GDP, which was revised up to 3.4%. ... Personal consumption in the first quarter grew at 2%, down from a prior reading of 2.5%.
Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the Commerce Department reported Thursday. It ...
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 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 ...