The U.S. economy shrank at an annual rate of 1.5% in the first quarter of 2022 the first decline since the second quarter of 2020, the Bureau of Economic Analysis estimated Wednesday in a worse-than-expected update to last month’s figure, which showed a decline of 1.4%. The overall drop stands in stark contrast to the economy’s better-than-expected growth of 6.9% in the fourth quarter, the fastest rate in nearly 40 years, thanks in part to a jump in exports and increased inventory investments by car dealers. Do you think that Russia has contributed to shrinking US Economy ?
