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Economic Pulse: Week of 4/26/24

The GDP up 1.6%

Hot off the press: on April 25th, the Bureau of Economic Analysis’s (BEA) advanced estimate of the 1st quarter's growth is 4.8%, which, adjusted for inflation, gives us a real growth rate of 1.6%, lower than expected. Nonetheless, this places the economy's real growth rate over the past four quarters at 3.0%, notably surpassing the century's average of 2.2%.

Click here for the latest Lehigh Valley Economic Review.

Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.

(Original air-date: 4/26/24)

Dr. Kamran Afshar has a Ph.D. in Economics and has taught at graduate and under graduate levels between 1978-88. He has vast experience in economic impact studies, feasibility studies, customer satisfaction surveys, and scientific competitive analysis.
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