A scorecard for the U.S. economy
1 big thing
00:00
Introduction
The US economy grew at a 1.1 annual rate in the first quarter, according to a Commerce Department report that came out yesterday. That doesn't sound great, especially because the economy was growing at a much faster rate in the second half of 2022. But when you dig into the details, some of them are actually pretty reassuring. The most reassuring thing is that the consumer, at least as of last quarter, was still going really strong.
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