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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.
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 ...
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 ...
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 ...
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.