US GDP negative growth in the first quarter, the lowest since the second quarter of 2022

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According to ChainCatcher, citing Jin Shi Data, the US first-quarter real GDP annualized quarter-on-quarter preliminary value is -0.3%, with expectations of 0.3% and the previous value at 2.40%.

The US GDP showed negative growth in the first quarter, reaching a new low since the second quarter of 2022.

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