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What Caused the Unexpected Decline in U.S. GDP?
Posted
April 28, 2022
Views
2,754
Likes
30
Comments
27
Engagement
2.07%
April 28, 2022
2,754
30
27
2.07%
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1:17Now PlayingU.S. GDP unexpectedly declined 1.4% in the first quarter, the economy’s first postpandemic contraction. Analysts have attributed the reversal to an upswing in Covid19 cases, surging inflation and geopolitical strife. However, the outlook is far from gloomy. Here’s why overall conditions may be more resilient than the data suggests. Presented by @cmegroup
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