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U.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years. Experts attribute the contraction to a surge in imports as businesses stocked up ...
The February Personal Consumption Expenditures Price Index increased in line with expectations, up 2.5% from year-ago levels. When volatile food and energy costs are factored out, the Federal ...
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau of Economic Analysis' advance ...
U.S. Economy Shrinks 0.3% in First Quarter as Trump Trade Wars Disrupt Businesses The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as ...
WASHINGTON, April 30 (Reuters) - The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from ...
The U.S. economy contracted in the first three months of 2025 on an import surge at the start of President Donald Trump's second term in office as he wages a potentially costly trade war. Gross ...
Real GDP fell in the year's first quarter at an annualized rate of 0.3%. That doesn't mean a recession, but Americans have been worried one will happen this year. The new data shows how the ...
As President Trump marks his 100th day in office this week, there's not much to celebrate about the U.S. economy. Economic output is shrinking. The stock market has dropped sharply. And consumer ...
The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump’s tariffs and a slowdown in consumer ...
WASHINGTON, April 22 (Reuters) - The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs now at ...
The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was ...
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