in

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing

U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing

Customers walk through a shopping mall on March 15, 2023 in Chicago, Illinois. Retail sales slipped 0.4 percent in February after being up more than 3 percent in January. 

Scott Olson | Getty Images

Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead.

Gross domestic product, a measure of all goods and…


Posted by Editor

Seattle Mariners lose former Cy Young Award winner for season

The government is yet to fulfil its promise to waive loans of farmers, Raje alleged. (Image: ANI)

Last-minute Preparations Underway as KCR to Inaugurate New Telangana Secretariat on Sunday