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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.
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
US GDP shrinks by -0.3% in Q1 2025, driven by import surges and trade policies. Click for a close look at the data, including ...
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 ...
Real gross domestic product (GDP) grew -0.3% on a quarter-over-quarter, seasonally adjusted annual rate, according to the ...
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 U.S. dollar extended gains against major currencies on Wednesday after data showed the world's largest economy slipped in ...
U.S. economy shrank 0.3% in Q1 2025, reversing the 2.4% growth seen in Q4 2024. Rising imports and falling government ...
Wall Street stocks took a sharp dive after data showed that the US economy contracted for the first time since 2022 ...
The U.S. international trade in goods surged to a record deficit in March, as businesses and consumers rushed to lock down ...
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