Section

US growth slowed sharply in first quarter to 1.6% pace

By Inquirer - 3 weeks ago
WASHINGTON  — The nation’s economy slowed sharply last quarter to a 1.6 percent 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

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.