📷 Image: Wikimedia Commons / Esteban Ortiz-Ospina and Nicolas Lippolis
Business
US Economy Slows Down
✍️ The Times of India
🗓 30 Jul 2026, 09:40 PM
👁 27
The US economy has slowed down with a GDP growth rate of 1.5%. Consumer spending remains a driving force.
The latest economic data from the United States indicates a slowdown in the economy. The GDP growth rate has slipped to 1.5%, signaling a potential downturn. However, consumer spending continues to be a bright spot, driving momentum in the economy. This trend suggests that while the overall economy may be slowing, individual consumers remain optimistic about their financial prospects. The slowdown in the US economy could have implications for global markets and trade.