The United States' GDP grew negatively in the first quarter, and the initial value of the annualized quarterly rate of real GDP in the first quarter was -0.3%.
On April 30, the initial value of the US real GDP annualized quarterly rate in the first quarter was -0.3%, expected to be 0.3%, and the previous value was 2.40%.
The United States saw negative GDP growth in the first quarter, hitting a new low since the second quarter of 2022.
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