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Economic Growth, Consumer Spending
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate
Consumers curb US economic growth in first quarter, inflation cools
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 Reserve on track to possibly begin cutting interest rates at least once before the end of the year.
US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly above expectations.
3d
on MSN
US inflation up moderately in April, consumer spending weakens
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
الشرق الأوسط
3d
Gold Flat Ahead of US Data, But Set for Fourth Straight Monthly Gain
Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead of a key ...
UPI
4d
U.S. first quarter real GDP revised down to 1.3%
May 30 (UPI) --Real
U.S
. gross domestic product grew at an annual rate of 1.3% in the first
quarter
, according to a second estimate Thursday from the Bureau of Economic Analysis. The figures ...
3d
Canada Economy Grew 1.7% in First Quarter, Missing Forecasts
The Canadian economy expanded less than expected in the first quarter, with weak inventory growth offsetting strong ...
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