US economic growth rebounds 2% as consumer spending slows amid Iran war

The Guardian·Apr 30

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The US economy experienced 2% growth in the first quarter, with some outlets reporting a slightly higher rate of 2.1%. Consumer spending is said to have slowed, while investment in areas like artificial intelligence appears to have played a role in the growth. The outlook for the economy is uncertain, with factors like the Iran war and oil prices potentially impacting future growth.

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View original report at The Guardian ↗

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