U.S. Economy Grows Less Than Previously Estimated In Q1

India, May 28 -- Revised data released by the Commerce Department on Thursday showed the U.S. economy grew by less than previously estimated in the first quarter of 2026.The report said real gross domestic product shot up by 1.6 percent in the first quarter, reflecting a downward revision from the previously reported 2.0 percent surge.The downward revision came as a surprise to economists, who had expected jump in...

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