Breaking News: The U.S. economy shrank in the first quarter, but the numbers may mask the recovery's resilience. - HOT AIR BALLOON FLIGHT

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Breaking News: The U.S. economy shrank in the first quarter, but the numbers may mask the recovery's resilience.

BREAKING NEWS

The U.S. economy shrank in the first quarter, but the numbers may mask the recovery's resilience.

Thursday, April 28, 2022 8:50 AM EST

The decline was mostly a result of the two most volatile components of the quarterly reports: inventories and international trade. Measures of underlying demand showed solid growth.

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