US GDP growth slowed to 1.6% in the first quarter as consumer spending slowed & more related News Here
Government data on Thursday showed the US economy grew slower than initially estimated in the first quarter of 2026, with consumer spending and investment falling, AFP reported.According to the US Commerce Department, gross domestic product (GDP) in the world’s largest economy grew at an annual rate of 1.6 percent during the January-March period. The revised…