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US GDP grew only 1.1% annualized in Q1, well below expectations

US GDP grew only 1.1% annualized in Q1, well below expectations
US GDP growth for Q1 2023 came in at a mere 1.1% annualized, significantly below the expected 2.0%. The increase in real GDP can be attributed to rises in consumer spending, exports, federal government spending, state and local government spending, and nonresidential fixed investment. However, these increases were partially offset by declines in private inventory […] The post US GDP grew only 1.1% annualized in Q1, well below expectations appeared first on Action Forex... Read More
Posted: Apr 27 2023, 12:37
Author Name: actionforex
Views: 081953

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