News

Tame March PCE inflation no salve after downbeat Q1 US GDP report
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
U.S. GDP contracts in Q1 as imports swell, price index jumps
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
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 ...
U.S. Economy Shrank During 2025’s First Quarter As GDP Slipped 0.3%
Real gross domestic product (GDP) grew -0.3% on a quarter-over-quarter, seasonally adjusted annual rate, according to the ...
Q1 2025 U.S. GDP: Import Surge Leads To Negative GDP Growth
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 ...
Trump says he'll blame Biden AGAIN for 2nd quarter GDP after blaming him for Q1 drop
Donald Trump is blaming former President Joe Biden for the economic anxiety that has engulfed the country and the world since he took office. Trump is defensive because another economic measurement ...
Dow, Nasdaq, S&P 500 crash after weak US GDP data; April ends in deep red as recession fears mount
Wall Street sinks as US economy shrinks 0.3% in Q1; tech, energy stocks plunge. Weak jobs data and tariff worries spark ...
US dollar holds gains after GDP falls in Q1
The U.S. dollar extended gains against major currencies on Wednesday after data showed the world's largest economy slipped in ...
Record trade deficit expected to weigh more on Q1 GDP
The U.S. international trade in goods surged to a record deficit in March, as businesses and consumers rushed to lock down ...