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Tag: Department of Commerce

Capital and Risk, Macroeconomic

US First Quarter GDP Shrinks 1.4%, S&P 500 Holds Gains but Uncertainty Rises

April 28, 2022

Via: DailyFX

The U.S. economy hit the brakes and downshifted abruptly during the first three months of the year, marking a sharp turnaround from the robust 6.9% expansion recorded at the end of 2021. According to the Department of Commerce, first-quarter gross […]