Here's your summary from US Economy: 1Q Annualized GDP Growth Revised Down to 1.3% (https://www.youtube.com/watch?v=1pc3Ca-f-0M) on the Bloomberg Television channel:

### TLDR:

- 1Q Annualized GDP growth revised down to 1.3% from 1.6%.

- Consumer spending and personal consumption also decreased.

- GDP price index slightly lower at 3%.

### Key Points:

1. First quarter GDP growth revised down to 1.3% from 1.6%.

2. Consumer spending and personal consumption decreased to 2% from 2.5%.

3. GDP price index slightly lower at 3%.

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