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USA-GDP/Q1
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
1. Various of United States Department of Commerce
FILE: Los Angeles, USA - 2020 (CCTV - No access Chinese mainland)
2. Various of people in supermarket
FILE: Racine, Wisconsin State, USA - Dec 2019 (CGTN - No access Chinese mainland)
3. Various of workers in farming equipment factory
FILE: Virginia, USA - May 19, 2022 (CCTV - No access Chinese mainland)
4. Vehicles at gas station
FILE: San Diego, California, USA - April 22, 2022 (CGTN - No access Chinese mainland)
5. Various of driver fueling car
FILE: Virginia, USA - May 19, 2022 (CCTV - No access Chinese mainland)
6. Vehicles at gas station
FILE: USA - Date Unknown (CCTV - No access Chinese mainland)
7. Various of containers, container cranes at ports
The U.S. gross domestic product (GDP) growth rate slowed to an annual rate of 1.6 percent in the first quarter of this year, the U.S. Department of Commerce reported on Thursday.
The latest data marks a sharp slowdown from the fourth quarter in 2023, when GDP grew by 3.4 percent, according to the Bureau of Economic Analysis.
Compared to the fourth quarter, the deceleration of real GDP in the first quarter primarily reflected slowdowns in consumer spending, exports, and state and local government spending, as well as a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment.
The newly released GDP estimate for the first quarter, in what was called an "advance" estimate, is based on source data that are incomplete or subject to further revision by the source agency.
The "second" estimate for the first quarter, based on more complete source data, will be released on May 30.
USA-GDP/Q1
Dateline : April 25, 2024/File
Location : United States
Duration : 1'13
FILE: Washington D.C., USA - Date Unknown (CCTV - No access Chinese mainland)
1. Various of United States Department of Commerce
FILE: Los Angeles, USA - 2020 (CCTV - No access Chinese mainland)
2. Various of people in supermarket
FILE: Racine, Wisconsin State, USA - Dec 2019 (CGTN - No access Chinese mainland)
3. Various of workers in farming equipment factory
FILE: Virginia, USA - May 19, 2022 (CCTV - No access Chinese mainland)
4. Vehicles at gas station
FILE: San Diego, California, USA - April 22, 2022 (CGTN - No access Chinese mainland)
5. Various of driver fueling car
FILE: Virginia, USA - May 19, 2022 (CCTV - No access Chinese mainland)
6. Vehicles at gas station
FILE: USA - Date Unknown (CCTV - No access Chinese mainland)
7. Various of containers, container cranes at ports
The U.S. gross domestic product (GDP) growth rate slowed to an annual rate of 1.6 percent in the first quarter of this year, the U.S. Department of Commerce reported on Thursday.
The latest data marks a sharp slowdown from the fourth quarter in 2023, when GDP grew by 3.4 percent, according to the Bureau of Economic Analysis.
Compared to the fourth quarter, the deceleration of real GDP in the first quarter primarily reflected slowdowns in consumer spending, exports, and state and local government spending, as well as a downturn in federal government spending. These movements were partly offset by an acceleration in residential fixed investment.
The newly released GDP estimate for the first quarter, in what was called an "advance" estimate, is based on source data that are incomplete or subject to further revision by the source agency.
The "second" estimate for the first quarter, based on more complete source data, will be released on May 30.
ID : 8374125
Published : 2024-04-26 16:09
Last Modified : 2024-04-26 21:28:56
Source : China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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