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GDP 1st Q 2023 (advanced estimate) up only 1.1% (annualized)
Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023, according to the "advance" estimate. In the fourth quarter of 2022, real GDP increased 2.6 percent. The increase in the first quarter primarily reflected an increase in consumer spending that was partly offset by a decrease in inventory investment. -------------- next two quarters look pretty dicey; good chance for negative numbers Posted by: lord garth 2023-04-27 |
| http://www.rantburg.com/poparticle.php?ID=665528 |