The US economy grew at a much slower pace in the first quarter
Apr 27, 2023 · Washington, DC CNN — US economic growth slowed to an annualized and seasonally adjusted rate of 1.1% in the first quarter of this year, as businesses rebalanced their inventories and pulled...
US economy grew by just 1.6% in the first quarter, a much slower ... - CNN
Apr 25, 2024 · Washington CNN — The US economy cooled more than expected in the first quarter of the year, but remained healthy by historical standards. Economic growth has slowed steadily over the past 12...
The US economy grew faster in the first quarter than previously ... - CNN
May 25, 2023 · Gross domestic product, the broadest measure of economic output, increased at an annualized rate of 1.3% in the first quarter, up from an initial estimate of 1.1% reported last month. GDP is...
GDP Report: US Economy Grew at 1.1% Rate in Q1 - The New York Times
Apr 27, 2023 · Gross domestic product, adjusted for inflation, rose at a 1.1 percent annual rate in the first quarter, according to preliminary data released by the Commerce Department on Thursday.
GDP Gain in First Quarter Revised Downward in U.S. - The New York Times
May 30, 2024 · Consumers eased up on spending in the first quarter amid rising prices and high interest rates. Gabby Jones for The New York Times. Economic growth slowed more sharply early this year than ...
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown - The …
Apr 25, 2024 · Consumers saved just 3.6 percent of their after-tax income in the first quarter, down from 4 percent at the end of last year and more than 5 percent before the pandemic. The signs of strain are...
GDP Q1 2024: Economy increased at a 1.6% rate - CNBC
Apr 25, 2024 · GDP increased at a 1.6% rate in the first quarter, less than expected. U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the Commerce ...
Economy Grew Slightly Better Than Forecast in Q1 But Is Still …
Jun 27, 2024 · Key Takeaways. The U.S. economy grew at a 1.4% annual pace in the first quarter, above previous estimates. Stronger consumer and government spending offset the drag from reduced inventory...
US GDP Q1 2024: Economy Grew at Softer Pace as Spending, …
May 30, 2024 · The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods. Gross domestic product rose 1.3% annualized in the first...
Consumers curb US economic growth in first quarter, inflation cools
May 30, 2024 · The U.S. economy grew more slowly in the first quarter than previously estimated after downward revisions to consumer spending and a key measure of inflation ticked down, keeping the Federal ...