US economy shrinks, threats loom, but growth likely to last ...Middle East

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US economy shrinks, threats loom, but growth likely to last
source : Los Angeles Daily News ( Middle East ) () 1
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest of 2022, based on the strength of the job market and consumer spending.

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