US economic growth rebounds 2% as consumer spending slows amid Iran war - short news
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears
US gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices.
The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to a 0.5% pace, largely due to a contraction in government spending after massive layoffs of federal workers..
source: The Guardian - 30.04.2026