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Q1 GDP revised down on lackluster consumer spending

Real GDP increased at an annual rate of 1.3% for the January-through-March period after rising 3.4% in the fourth quarter of 2023, according to the BEA's advance estimate.

United statesDana petersonCarl harrisJim bairdBureau of economic analysisNational association of home buildersUniversity of michiganEconomic analysisPlante moran financial advisorConsumer confidence indexBoard chief economist dana petersonNational associationHome builders

Q1 GDP revised down on lackluster consumer spending

Q1 GDP revised down on lackluster consumer spending
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

United statesDana petersonCarl harrisJim bairdBureau of economic analysisNational association of home buildersUniversity of michiganEconomic analysisPlante moran financial advisorConference boardConsumer confidence indexBoard chief economist dana petersonNational associationHome builders

April inflation eases slightly, but 2% target still out of reach

April inflation eases slightly, but 2% target still out of reach
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

New yorkUnited statesJim bairdDanielle haleJoelle scallyFederal reserve bankBureau of labor statisticsFederal reservePublic policy research divisionConsumer price indexLabor statisticsPlante moran financial advisorChief economist danielleRegional economic principalNew york fed

Home prices climb 6 4%, hit new record high in February: Case-Shiller

Home prices are now 6.4% above their level last year, up from the 6% increase registered in January.

New yorkUnited statesSan diegoSp dow jonesBriand lukeJerome powellJim bairdSelma heppFederal reserveDigital assets brianCity compositesPlante moran financial advisorFed chair jerome powellLogic chief economist selma hepp

Buckle up for a bumpy ride in the stock market, BMO Wealth Management s CIO says And he s not the only one sounding the alarm

“The narrative of falling inflation and imminent Fed rate cuts that drove the stock market’s first-quarter gains is wobbling,” Yung-Yu Ma wrote.

Nela richardsonJim bairdGargi chaudhuriJerome powellRaphael bosticStanford universityFederal reserveMarket committeeMiddle eastAtlanta fed president raphael bosticFederal open market committeeDan ivesAutomatic data processingPlante moran financial advisor