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Atlanta Federal Reserve cuts first-quarter GDP estimate to 1.6% as consumer spending softens
Atlanta Fed's GDPNow model revised Q1 2026 GDP growth to 1.6% from 1.9%, driven by weaker consumer spending and declining net exports.
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timesofindia.indiatimes.com
US GDP growth revised down to 1.6% in first quarter as consumer spending slows
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…
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qz.com
U.S. GDP Q1 2026 revised down to 1.6% as profits slow
The Bureau of Economic Analysis cut its advance estimate by 0.4 percentage points, citing weaker investment and consumer spending
