US Economy Shrinks By 1.4% In Q1 Amid Omicron Surge ...Middle East

Washington: The US economy shrank at an annual rate of 1.4 per cent in the first quarter as effects of the Omicron surge start to show up, the US Commerce Department reported. The latest data marks the economy’s first contraction since the Covid-19 pandemic impacted the country in early 2020, Xinhua news agency reported. “In the […] The post US Economy Shrinks By 1.4% In Q1 Amid Omicron Surge appeared first on Ommcom News.

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