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News in English (USA) / 30.04.2026 / 16:00

US Economy Grows 2% in First Quarter Amid Slowing Consumer Spending and Iran War

The U.S. economy demonstrated resilience with a 2% growth in its GDP during the first quarter, recovering from the impacts of a federal shutdown. While the expansion reflects a rebound in economic activity, it comes with challenges as the ongoing war in Iran pressures energy prices and clouds the outlook. Consumer spending has shown signs of slowing down, aligned with higher inflation rates which jumped to 3.2%. Despite these uncertainties, the robust business investment and AI-driven growth signals a complex yet stabilizing economic environment.
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