GDP Q1 2025: Consumer Spending's Not Enough to Help Avoid Economy's Contraction

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  Posted by Two Blokes Apr 30 - Filed in General - #TwoBlokesTrading  - 10 views
  
  Consumer spending, the chief engine of economic growth, was not enough to stop an overall pullback in U.S. gross domestic product (GDP). And with evidence of a slowing gains in disposable income, consumers' appetite to keep spending look set to be tested.