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US Economy Contracts In First Quarter Of 2025
The first quarter decrease follows the U.S. economy growing by 2.4% in the fourth quarter of 2024, after increasing 3.1% in the third quarter, according to the BEA. The Federal Reserve Bank of Atlanta’s GDPNow, a running estimate of real GDP growth based on available economic data, projected a -2.7% GDP growth rate in the first quarter of 2025.
US Economy Contracts for the First Time Since 2022
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth.
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices ...
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 ...
In the first quarter of 2025, the US economy experienced a 0.3% contraction, attributed mainly to President Trump's ...
The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved ...
Forecasters surveyed by the data firm FactSet had, on average, expected the economy to eke out 0.8% growth in the first ...
The U.S. economy shrank over the initial months of President Donald Trump’s second term as a flurry of tariff proposals ...
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