{"id":66076,"date":"2022-05-26T17:02:00","date_gmt":"2022-05-26T13:02:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=66076"},"modified":"2022-05-26T17:28:15","modified_gmt":"2022-05-26T13:28:15","slug":"us-q1-gdp-contracts-at-an-annualised-pace-of-1-5","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-q1-gdp-contracts-at-an-annualised-pace-of-1-5\/05\/26\/market-updates\/","title":{"rendered":"US: Q1 GDP contracts at an annualized pace of 1.5%"},"content":{"rendered":"\n<p>According to a second estimate by the US Bureau of Economic Analysis, the annualized pace of real GDP growth in Q1 2022 came in at -1.5%, below the first estimate of -1.4% and the market&#8217;s expectation for a growth rate of -1.3%, data on Thursday showed. Nonetheless, the latest GDP estimate still showed healthy growth in consumer spending of 3.1% in Q1 versus the prior estimate of 2.7%, plus robust business investment growth of 9.2% (unchanged from the first estimate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a second estimate by the US Bureau of Economic Analysis, the annualized pace of real GDP growth in Q1 2022 came in at -1.5%, below the first estimate of -1.4% and the market&#8217;s expectation for a growth rate of -1.3%, data on Thursday showed. Nonetheless, the latest GDP estimate still showed healthy growth &hellip;<\/p>\n","protected":false},"author":9,"featured_media":57171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,37,39,36],"tags":[6863,194,7767,8332,6987,7188,6858],"class_list":["post-66076","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-forex-markets","category-global-stock-markets","category-market-updates","tag-covid-19-2","tag-gdp","tag-goods","tag-gross-domestic-product-annualized","tag-inflation","tag-services","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=66076"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66076\/revisions"}],"predecessor-version":[{"id":66080,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/66076\/revisions\/66080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/57171"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=66076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=66076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=66076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}