Rep. Latimer: New Federal Economic Data
May 02, 2025
May 02, 2025
WASHINGTON, May 2 -- Rep. George Latimer, D-New York, issued the following floor remarks on May 1, 2025 (In this document, the reference to Mr. Speaker refers to the presiding officer of the House at the time of the speech):
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Mr. Speaker, new Federal economic data came out yesterday, and it showed that in the last 3 months, the U.S. economy shrank by 0.3 percent. This is a sharp reversal from the 2.4 percent growth the economy experienced in the last quarter of 202 . . .
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Mr. Speaker, new Federal economic data came out yesterday, and it showed that in the last 3 months, the U.S. economy shrank by 0.3 percent. This is a sharp reversal from the 2.4 percent growth the economy experienced in the last quarter of 202 . . .