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US Economy Contracts for the First Time Since 2022
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth.
US Economy Contracts In First Quarter Of 2025
The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in the third quarter, according to the BEA. The Federal Reserve Bank of Atlanta’s GDPNow, a running estimate of real GDP growth based on available economic data, projected a -2.7% GDP growth rate in the first quarter of 2025.
An evenly split U.S. Senate rejected the latest bipartisan bid to block President Donald Trump's tariffs on Wednesday, hours ...
The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
The US economy unexpectedly contracted in the first three months of the year on an import surge triggered by Donald Trump’s ...
The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses ...
This was sharply below the market consensus estimate of 0.4 percent growth, according to Briefing.com, and marked the first ...
The US Commerce Department says the economy contracted at an annualized rate of 0.3 percent from January to March. That is ...
GDP shrank in the first quarter, a new report shows, offering a look at how tariffs are reshaping spending patterns and ...
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