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ABA Data Bank: U.S. economy agreements 1.4% in Q1

The very first price quote for GDP in Q1 2022 can be found in well under expectation, contracting at an annualized rate of 1.4%. This was mostly due to getting worse net exports and a decrease in personal stocks and federal government costs.

The post ABA Data Bank: U.S. economy agreements 1.4% in Q1 appeared initially on ABA Banking Journal.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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