3 weeks ago
Published April 25, 2024 8:33am EDT
GDP maturation comes successful weaker than expected during nan first quarter
Gross home product, nan broadest measurement of equipment and services produced crossed nan economy, grew by 1.6% connected an annualized ground successful nan three-month play from January done March, nan Commerce Department said successful its first reference of nan information connected Thursday.
That is little than nan 2.4% summation forecast by LSEG economists and marks a crisp slowdown from nan 4.9% gait seen during nan 4th quarter.
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