U.S. Economy Grew At 1.6% Rate In Q1
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
The Bureau of Economic Analysis of the United States Department of Commerce is a U.S. government agency that provides official macroeconomic and industry statistics, most notably reports about the gross domestic product (GDP).
The Bureau of Economic Analysis' original estimate was 2.6%.