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2024-04-26 13:03:13

Analysts Speculate on the Possibility of Rate Hikes Similar to the Volcker Era on Nostr: US Economy Grows at 1.6% in Q1 2024, Falling Short of Expectations =============== ...

US Economy Grows at 1.6% in Q1 2024, Falling Short of Expectations
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#d85b6eb2 ver:0.65

The US economy grew by 1.6% in Q1 2024, falling short of expectations. Factors like lower consumer spending and reduced exports contributed to the slowdown. However, businesses remain optimistic and investments in AI are increasing. Inflation is high, putting strain on lower-earning individuals. Despite the slowdown, the US economy outperforms other advanced economies. The state of the economy is a focal point in the election season. #USEconomy #GDP #Inflation #AI #Election2024...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #LaborMarket #HousingMarket

https://here.news/story/d85b6eb2?ver=0.65
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