Rep. Arrington: Bureau of Economic Analysis - GDP Growth for Q1 Was 1.6 Percent, Well Below Forecasts
April 26, 2024
April 26, 2024
WASHINGTON, April 26 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on April 25, 2024:
Today, the Bureau of Economic Analysis (BEA) reported that U.S. Gross Domestic Product (GDP) grew by just 1.6 percent in Quarter 1, 2024. This is well below estimates from market watchers, with some forecasting as high as 2.9 percent.
Chairman Arrington's Statement on GDP Growth for Q1:
House Budget Committee Ch . . .
Today, the Bureau of Economic Analysis (BEA) reported that U.S. Gross Domestic Product (GDP) grew by just 1.6 percent in Quarter 1, 2024. This is well below estimates from market watchers, with some forecasting as high as 2.9 percent.
Chairman Arrington's Statement on GDP Growth for Q1:
House Budget Committee Ch . . .