US economic growth rebounds 2% as consumer spending slows amid Iran war

[theguardian@mstd.seungjin.net]

US economic growth rebounds 2% as consumer spending slows amid Iran war

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears US [gross domestic product (GDP)][1] accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy pr...

https://www.theguardian.com/business/2026/apr/30/gdp-consumer-spending-slows-iran-war
#Business #USeconomy #USnews #Economics #Consumerspending #TheGuardian
(Thu, 30 Apr 2026 13:11:23 +0000)