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

KIFI— 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

www.theyeshivaworld.com—US Growth Slowed Sharply Last Quarter To 1.6% Pace, Reflecting An Economy Pressured By High Rates. The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Thursday’s report from the Commerce Department said the gross domestic product — the economy’s total output of goods and services […]

Reading Eagle—US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates. The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers kept spending at a solid pace.

www.kxl.com—US Growth Slowed Sharply Last Quarter To 1.6% Pace. WASHINGTON (AP) — The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the