Day: May 25, 2023


New Estimate Upgrades 1st-Quarter GDP Growth

Staffing Industry Analysts (05/25/23) US real gross domestic product grew faster than previously estimated, increasing at an annual rate of 1.3% in the first quarter of 2023, according to the second estimate released today by the US Bureau of Economic Analysis. The figure represents an upward revision from the previous advance estimate of 1.1%. The updated estimates were primarily driven by an upward revision to

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