US economy disappoints in first quarter of 2024 as growth slows far more than expected


by @cityam

@cityam— The US economy slowed far more than expected in the first quarter of the year as its gross domestic product (GDP) endured the influence of stubborn inflation and high interest rates.

Drudge Report—GDP growth slowed to a 1.6% rate in the first quarter, well below expectations. GDP slows to 1.6% (Second column, 2nd story, link) Related stories:Fed Rate Cuts Slipping Away Drudge Report Feed needs your support!   Become a Patron

KIFI—US growth likely slowed last quarter but still pointed to a solid economy. By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates. The government is expected to report that the gross domestic product grew at a slow but

KEYT—US growth likely slowed last quarter but still pointed to a solid economy. US growth likely slowed last quarter but still pointed to a solid economy