Tag: Gross Domestic Product

U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown

The U.S. economy continued to grow but at a sharply slower rate early this year, as strong consumer spending was offset by weakness in other sectors. Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of 2024, down from 3.4 percent at the end of 2023, […]

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