Government data revealed that the first quarter witnessed a modest growth of 1.6 percent in the world's largest economy. This figure falls short of the 2.4 percent
X: @the_news_21
The US economy faced a slower-than-expected expansion in the initial three months of 2024, marked by a decline in exports and consumer spending, as per the latest report from the Commerce Department.
Government data revealed that the first quarter witnessed a modest growth of 1.6 percent in the world’s largest economy. This figure falls short of the 2.4 percent growth forecasted by economists, indicating a less robust performance than anticipated.
TheNews21 is India’s independent digital news and investigative journalism platform founded by senior journalist Vivek Bhavsar. From its Mumbai newsroom, it reports on governance, politics, public policy, business and international affairs, while publishing in-depth investigative stories in the public interest.
