U.S. economy declines much more than predicted in Q1

Note: This section contains information in English only.
Source: Bloomberg
Economic development in the United States turned to be negative in the first three months of the current year. Today, the data for GDP advance has been revised to the downside. Previous estimations forecasted the U.S. economy added 0.1% in January-March quarter. However, the new data showed a 1% slump. Economists, in turn, projected the U.S. GDP to decline 0.5%.

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