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U.S. Economy Contracted 0.5% In First Quarter Of 2023

The United States economy contracted at an annual rate of 0.5 percent in the first quarter of 2023, which is the fourth quarter out of the last five with negative growth, according to new data from the Bureau of Economic Analysis (BEA). The BEA found that real gross domestic income (GDI) decreased 2.3 percent in

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