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GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting
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Posted On: May 26, 2022
The Bureau of Economic Analysis (BEA) originally calculated the first quarter economy at a scale of -1.4% growth. The BEA revises that figure downward today with more data showing a contracted level of consumer spending [DATA HERE]. The economy contracted by -1.5% in the revised numbers. Gross Domestic Product (GDP) is the dollar value of […]
The post GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting Much Worse appeared first on The Last Refuge.
Re Posted From: GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting Much Worse
[BACK]
[BACK]Posted On: May 26, 2022
The Bureau of Economic Analysis (BEA) originally calculated the first quarter economy at a scale of -1.4% growth. The BEA revises that figure downward today with more data showing a contracted level of consumer spending [DATA HERE]. The economy contracted by -1.5% in the revised numbers. Gross Domestic Product (GDP) is the dollar value of […]
The post GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting Much Worse appeared first on The Last Refuge.
Re Posted From: GDP Figures Revised Downward, U.S. Economy Shrinks 1.5 Percent in First Quarter, Things are Getting Much Worse