US GDP News

US Economy Shrinks 0.3% in Q1 2025: Tariff Wars and Spending Cuts Take Their Toll

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

US Economy Faces Headwinds as GDP Dips 0.3% in Q1 2025, Marking First Decline Since 2022

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Despite this, consumer demand remained strong, with a 3.0% ...

US Economy Takes a Hit: GDP Drops 0.3% in Q1 2025 as Tariff Pressures Mount

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

US Economy Faces Setback: GDP Drops 0.3% in Q1 2025 Amid Rising Tariffs and Inflation

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

US Economy Faces a Setback: GDP Drops 0.3% in Q1 2025 Amid Rising Tariff Pressures

The US GDP fell by 0.3% in Q1 2025, marking the first negative growth since November 2022. Factors include increased imports and reduced federal spending, though consumer demand re...

US Economy Stumbles: GDP Drops 0.3% in Q1 2025 as Tariff Wars Take Their Toll

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending, despite strong consumer demand and rising inflation pressur...

US Economy Shrinks 0.3% in Q1 2025: Tariff Wars and Spending Cuts Take Their Toll

The US GDP fell by 0.3% in Q1 2025, the first decline since 2022, due to increased imports and reduced federal spending. Consumer demand remained strong, but inflation pressures gr...

US Economy Faces Downturn: GDP Drops 0.3% in Q1 2025 Amid Rising Tariff Pressures

The US GDP fell by 0.3% in Q1 2025, the first negative figure since 2022, due to increased imports and reduced federal spending. Despite this, consumer demand remained strong, with...

US Economy Surges: Q4 2024 GDP Revised Upward to a Robust 2.4% Growth

The US GDP for Q4 2024 was revised up to 2.4%, driven by consumer and government spending, despite a drop in investment. Real GDI surged 4.5%, and corporate profits jumped $204.7 b...

US Economy Shows Resilience: GDP Climbs 2.3% in Q4 2024 Amidst Global Challenges

The US GDP grew by 2.3% in Q4 2024, matching expectations. Inflation rose slightly, with the PCE price index up by 2.4%. For 2024, the economy expanded by 2.8%, with inflation indi...

US Economy Surges: Q3 GDP Growth Revised Up to 3.1%

The US real GDP grew at an annual rate of 3.1% in Q3 2024, revised upward from 2.8%. The growth was driven by increased exports, consumer spending, and federal government spending,...