Bureau of Economic Analysis: GDP Growth for Q1 Was Just 1.3 Percent, Even Lower Than Previously Estimated
June 01, 2024
June 01, 2024
WASHINGTON, June 1 -- Rep. Jodey Arrington, R-Texas, chairman of the House Budget Committee, issued the following news release on May 30, 2024:
Today, the Bureau of Economic Analysis (BEA) released its second estimate for economic growth in the first quarter (Q1) of 2024. The report found that real U.S. Gross Domestic Product (GDP) grew by 1.3 percent, .3 percentage points lower than forecasted last month. This finding underscores that President Biden's failed economic policies have . . .
Today, the Bureau of Economic Analysis (BEA) released its second estimate for economic growth in the first quarter (Q1) of 2024. The report found that real U.S. Gross Domestic Product (GDP) grew by 1.3 percent, .3 percentage points lower than forecasted last month. This finding underscores that President Biden's failed economic policies have . . .