U.S. GDP dipped 0.5% Q/Q in Q1 in its third estimate, revised from the prior estimate of -0.2% and compared with a 2.4% increase in Q4 2024, the U.S. Commerce Department said on Thursday. The downward ...

The Q1 GDP number, despite being negative, indicates strong demand as it was driven by a spike in imports due to increased consumer and business spending. Excluding the impact of net exports and ...

Pre-market futures are down this morning, following economic data released ahead of today’s opening bell. We had been flat on the Dow and S&P 500 prior to these releases, with the Nasdaq down around ...

ATLANTA — The Federal Reserve Bank of Atlanta's GDPNow model published a final projection for GDP growth in the first quarter of 2025 on Tuesday at -2.7%. The forecast comes ahead of Wednesday's ...

Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP decline. Instead, it’s a defense of reason that requires the reasonable to ...

GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...

After massive imports tipped Q1 GDP into negative territory as businesses prepared for upcoming tariffs, expect Q2 GDP to push decisively back to positive when the Commerce Department releases its ...

Markets had a positive week, with the major indexes advancing in the +3% range despite a slowing economy and less than stellar corporate reports. As of Friday (May 2), the S&P 500 notched its longest ...

TOKYO (Reuters) -Japan's economy contracted less than initially estimated in the January-March quarter, government data showed on Monday, with consumption figures revised upwards at a time when ...