A person walks by a store advertising sales at Ronald Reagan Washington National Airport in Washington on Oct. 20, 2024. Madalina Vasiliu/The Epoch Times
U.S. economic growth was revised lower in the first quarter because of downward adjustments from consumer spending and business investment.
The gross domestic product (GDP) expanded by 1.6 percent in the first three months of 2026, down from the initial estimate of 2 percent, according to new Bureau of Economic Analysis data released on May 28.
