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applegrove

(118,932 posts)
Thu Jun 28, 2018, 05:52 PM Jun 2018

US first-quarter growth slowed more than estimated, weighed down by the weakest consumer spending in

nearly 5 years

Reuters

https://www.cnbc.com/2018/06/27/final-reading-on-first-quarter-2018-gdp.html

"SNIP........


The U.S. economy slowed more than previously estimated in the first quarter amid the weakest performance in consumer spending in nearly five years.

Growth appears to have since regained momentum on the back of a robust labor market and tax cuts, however.

Gross domestic product increased at a 2.0 percent annual rate in the January-March period, instead of the 2.2 percent pace it reported last month.

.......SNIP"

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US first-quarter growth slowed more than estimated, weighed down by the weakest consumer spending in (Original Post) applegrove Jun 2018 OP
Hold off on purchases until after the election exboyfil Jun 2018 #1
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