Economic Report: U.s. Economy Grows Only 1.2% In Q2, Below Expectations

Businesses and government restrained spending and business inventories contracted, but consumers stepped up.

BING NEWS:
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    The advance estimate of U.S. first quarter real gross domestic product (GDP) grew at an annual rate of 1.6%, and the fourth quarter GDP was revised up to 3.4% ...
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  • US Economy Grows 1.6% In Q1, Sharply Below Expectations As Price Pressures Weigh On Spending (CORRECTED)
    The U.S. economy grew in the first quarter of the year, albeit at a markedly slower pace compared to the final quarter of 2023.
    04/25/2024 - 3:44 am | View Link
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