U.S. Economy Grew at a 1.1% Annual Rate in the First Quarter
The United States economy grew at a 1.1% annual rate in the first quarter, which showed the economy is growing at a much slower pace.
U.S. Economy Grew at a 2.6% Annual Rate in the Third Quarter
The United States economy grew at a 2.6% annual rate in the third quarter and consumer spending grew 0.6% in the same quarter.
The United States Economy Shrank at a 1.4% Annual Rate
In the first quarter, the United States economy has shrunk 1.4%. This is the econmy’s first contraction since the pandemic began. Inventory shortages and international trade are the likely reasons…