US economy saw ‘unexpectedly severe’ drop in first three months of year - The Guardian

US economy contracted by -0.4% in first quarter, its weakest quarter since the early days of the pandemic

The US economy shrank in the first three months of the year, contracting by -0.4% in the first quarter, or -1.4% on an annualized basis, its weakest quarter since the early days of the pandemic. Eco… [+1866 chars]

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