US economy grew at rate less than expected in first quarter

Washington [US], April 25 (ANI): The US grew at an annual rate of 1.6 percent in the first quarter of 2024, according to the advance estimate released by the country's Bureau of Economic Analysis.

In the fourth quarter of 2023, real GDP increased 3.4 percent.

The GDP estimate released today is subject to further revision. The second estimate for the first quarter, based on more complete source data, will be released on Ma