US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
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US Growth Slowed Sharply Last Quarter To 1.6% Pace
WASHINGTON (AP) — The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the
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US Growth Slowed Sharply Last Quarter To 1.6% Pace, Reflecting An Economy Pressured By High Rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Thursday’s report from the Commerce Department said the gross domestic product — the economy’s total output of goods and services […]
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U.S. growth slowed sharply last quarter to 1.6%
WASHINGTON >> The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace.