๐ U.S. Economic Resilience Amid Unexpected Contraction ๐บ๐ธ
Despite a sharper-than-expected economic contraction, the U.S. economy continues to show surprising resilience. GDP figures came in below forecasts, signaling headwinds โ yet key sectors like consumer spending and employment remain robust.
๐น Key Takeaways:
GDP shrank more than anticipated ๐
Labor market stays strong ๐ผ
Consumer confidence holds steady ๐
Markets watch Fedโs next move closely ๐
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