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A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
Each state's GDP compares to that of another country in the world.
Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's ...
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 Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as ...
Weakening travel demand, fueled by trade war uncertainties and anti-American sentiment, threatens to erase billions from the ...
Following data showing a decline in GDP, economists have offered their perspectives on the outlook for the U.S. economy.
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
The latest GDP report reveals a 0.3% contraction in the US economy, raising concerns about potential recession risks. As the ...
US Treasury Secretary Scott Bessent's skepticism and bearish stance on the Chinese economy have encountered a rather ironic ...
However, corrosive uncertainty and higher taxes - tariffs are a tax on imports - will drag GDP growth back into the red by ...