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US Economy Contracts for First Time Since 2022 on Imports Surge
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and softer consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.
The U.S. economy contracted in the first quarter, weighed down by a deluge of goods imported by businesses eager to avoid ...
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 ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as ...
Gross domestic product shrank 0.3 per cent in the first quarter of 2025, which was worse than economists had expected. It was a dramatic reversal on the 2.4 per cent growth in the final months of last ...
The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in ...
In the first quarter of 2025, the US economy experienced a 0.3% contraction, attributed mainly to President Trump's ...
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