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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 ...
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 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. 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.
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Spending by American companies on computers in Q1 grew at the fastest pace since 1983
That’s econ speak for spending by businesses on things like machines, computer hardware, furniture — and it was up. A lot. A whopping 22.5% from the quarter before, the biggest quarterly increase in ...
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 ...