US economy slows in the first quarter of 2023
The economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. Consumers kept spending despite inflation, but businesses pulled back on investment.
The US economy grew 1.1% in the year to March, down from 2.6% in the previous quarter. American consumers kept spending despite inflation, contributing to GDP expansion. But growth slowed down as businesses pulled back on investment and hiring. We hear from experts and businesses about the consequences this.
Also in the show, we take a look at India鈥檚 plans to start producing genetically modified mustard seeds, and we listen to women who have experienced impostor syndrome.
Devina Gupta is joined throughout the programme by two guests on opposite sides of the world: Colin Peacock, host of MediaWatch in New Zealand, and James Early, chief investment officer at BBAE in the United States.
(Photo: Illustration of US flag and dollars. Credit: Getty Images)
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- Fri 28 Apr 2023 00:06GMT91热爆 World Service
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Business Matters
Global business and finance news and discussion from the 91热爆