Import tsunami sinks US GDP in first quarter - Asia Times
5/26/2022 12:00:00 AM2 years 11 months ago
by David P. Goldman
by David P. Goldman
US real gross domestic product (GDP) shrank at a 1.5% annual rate during the first quarter, more than the preliminary estimate of -1.3%, the Commerce Department reported on May 26. The worst trade …
US real gross domestic product (GDP) shrank at a 1.5% annual rate during the first quarter, more than the preliminary estimate of -1.3%, the Commerce Department reported on May 26. The worst trade pe… [+2719 chars]
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