NEW: Real GDP Grew 2.0% in Q1, Rebounds Despite War and Fuel Inflation
Ready for a little good news? A moment of bright cheer in a sea of midterm blues, pun definitely intended? The Bureau of Economic Analysis reports this morning that the US economy grew in real terms at an annualized rate of 2.0% in the first quarter, despite the war with Iran, which occupied the final month and drove a rapid rise in fuel prices. Furthermore, the structure of this growth portends even better results ahead:
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NEW: Real GDP Grew 2.0% in Q1, Rebounds Despite War and Fuel Inflation Ed Morrissey 10:40 AM | April 30, 2026 AP Photo/Alex Brandon Ready for a little good news? A moment of bright cheer in a sea of midterm blues, pun definitely intended? The Bureau of Economic Analysis reports this morning that the US economy grew in real terms at an annualized rate of 2.0% in the first quarter, despite the war with Iran, which occupied the final month and drove a rapid rise in fuel prices. Furthermore, the structure of this growth portends even better results ahead: Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_4"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_4"]]) }); Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the…
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