The report shows that the economy was growing at a relatively strong clip as the war with Iran began. Since then, inflation has soared.

The updated number could also show that the AI spending boom is accelerating.

The report shows that the economy was growing at a relatively strong clip as the war with Iran began. Since then, inflation has soared.

The US economy expanded less than initially estimated in the first three months of the year, government data showed Thursday, with investment and consumer spending revised lower.…

The US economy grew at a slower pace than initially estimated in the first quarter of 2026, with consumer spending and investment revised downward, government data showed on…

The Bureau of Economic Analysis cut its advance estimate by 0.4 percentage points, citing weaker investment and consumer spending

The US economy expanded less than initially estimated in the first quarter, government data showed Thursday, while a key inflation gauge separately hit a three-year high on…