U.S. Economy Slows as Inflation Heats Up in Q1 2024

statista.com/chart/29890/quarterly-real-gdp-growth-and-pce-inflation

The U.S. economy grew slower than expected in Q1 2024 as inflation reaccelerated through the first three months of 2024. According to the BEA's advance estimate of U.S. gross domestic product for the first quarter of 2024, the economy grew at an annualized rate of 1.6 percent during the period, missing the 2.5 percent expected by economists. According to the BEA, the slowdown…

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