US economic growth rebounds 2% as consumer spending slows amid Iran war

https://www.theguardian.com/profile/lauren-aratani· Apr 30, 2026 · 1:11 PM UTC ·3 min read · 0 reactions · 0 comments · 3 views

First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears

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The Guardian — World · https://www.theguardian.com/profile/lauren-aratani

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Fuel prices are displayed at a Brooklyn gas station on 28 April 2026 in New York City. Photograph: Spencer Platt/Getty ImagesView image in fullscreenFuel prices are displayed at a Brooklyn gas station on 28 April 2026 in New York City. Photograph: Spencer Platt/Getty ImagesBusinessUS economic growth rebounds 2% as consumer spending slows amid Iran warFirst quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fearsLauren ArataniThu 30 Apr 2026 09.11 EDTLast modified on Thu 30 Apr 2026 09.13 EDTSharePrefer the Guardian on GoogleUS gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices.The last GDP reading for the fourth quarter of…

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US economic growth rebounds 2% as consumer spending slows amid Iran war

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