U.S. economic growth slower than expected in 2024's first quarter

The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why this actually might be good news for those looking for lower interest rates.
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[@alooga555]

No worries. Our government keeps propping up such countries as Ukraine and Israel with our own tax dollars.

[@WhereThatLongGrassGrows]

Havent noticed any politicians cutting coupons.

[@TikyeWilliams]

Based comment

[@alk3078]

Isn't bidenomics great 👍

[@bobcob3362]

How can we spin this into a good thing?

[@StalinTheMan0fSteel]

"My policies did that!" -Joe Biden

[@joelharris4399]

Bb buh but I thought Bidenomics wah was the greatest thing ss sa sa since slice bread 😂😅

[@eviljoker303]

And he wants 4 more years?😬no way ! Trump 2024 !

[@tarawhite4419]

Hmmm lower growth and higher debt not a good combo

[@Wolfcamp555]

Its a good sign. We need a big recession with at least 8% unemployment.

[@lazynow1]

Democrats did this....!!!!!....they are so proud....!!!

[@TikyeWilliams]

“Billions overseas”

[@keqinyangmuseum6183]

This 4 years GDP growth 7.9 trillion USD. Higher than any other time.
In 1944 started GDP to 2024 80 years GDP history. Form 1944 to 2020 GDP growth 20 trillion USD. This 4 years GDP growth 7.9 trillion USD. Today totally 27.9 trillions USD. The fast growing speed ever!!
Congratulations to America economy.

[@philsmycrevice]

Our devalued dollar ain't worth 3 cents, our debt is part of our gdp, we're nosediving $1 trillion every 100 days. Everything is just hunky dory! 👍

[@js6728]

do some math huh

[@jefferyspotwood6030]

What about the world stage?

[@bluefish7940]

😂😂😂 … WTF
She said good new for 1.3%

[@rahimqureshi52]

Tomorrow market will crash?

[@paulsaragosa371]

Ohno its romper room classes

[@paulsaragosa371]

Like luft balloon s by Nina song 99percent left

[@paulsaragosa371]

Let s go count sand okay game 🎮 captain obviously

[@keqinyangmuseum6183]

This year election year. Both parties focus on votes.

[@Deetroiter]

But, your boy Joe said everything is amazing! Once again, we find out that was a lie. Trump can’t come soon enough in November.

[@paulsaragosa371]

99percent of the entire world 🌎

[@AlexMAGA2024]

Trump 2024