US Economy Growth Revision in Q1: Slower Pace Than Anticipated
Thursday, 30 May 2024, 13:12
US Economy Growth Revision: Q1 GDP Shows Slower Pace Than Expected
The US economy's first-quarter GDP growth rate fell short of initial estimates, reflecting a slower pace compared to the previous quarter. The reading was notably below the revised fourth-quarter GDP figure of 3.4%, indicating a deceleration in economic expansion during the period.
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