Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...

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 survey was, however, concluded before data on Tuesday showed the goods trade deficit surged to an all-time high in March ...

A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.

The U.S. dollar extended gains against major currencies on Wednesday after data showed the world's largest economy slipped in ...

Some say the situation is a result of temporary conditions. However, as the impacts come from Trump administration policies, ...

The U.S. economy contracted 0.3% in Q1 2025, driven by a surge in imports ahead of tariffs and slowing consumer spending, ...

Eduardo Porter This is just arithmetic: To get gross domestic product, you subtract imports from the data on investment and ...

President Donald Trump said on Wednesday that Q1 GDP rose 3% in Q1, when excluding imports, contending that he has turned the ...

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 ...