Why the US economy shrank in the first quarter of 2022 - The Washington Post
4/29/2022 12:00:00 AM3 yearsago
by Alyssa Fowers, Rachel Siegel
by Alyssa Fowers, Rachel Siegel
The U.S. economy shrank at a 1.4 annualized rate in the first three months of the year
Contributors to GDP change in Q1 2022 Businesses sold excess inventory from late 2021 +3 ppt +2 Exports Personal consumptionpushed GDP up by 1.8 ppt Imports grew, driving down GDP 0 -1 Contr… [+6113 chars]
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