US GDP growth was slower last quarter on soft consumer spending
GDP rose 1.3% annualized in the first three months of the year
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 three months of the year, below the previous estimate of 1.6%, Bureau of Economic Analysis figures published Thursday showed. . The economy’s main […]
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