News

US economy contracts 0.5% in Q1 2025 as consumer spending hits four-year low amid Trump policy uncertainty and rising ...
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 ...
Recent reports indicate the US economy experienced negative growth in the first quarter, ... US Economy Contracts Despite Stock Market Rally May 01, 2025 — 07:31 pm EDT.
The US economy contracted at a rate of 0.3% in the first quarter of 2025. The slowdown in GDP growth was driven by a surge in imports, as US firms attempted to front-run tariffs.
U.S. services sector activity picked up in June as orders rebounded, but employment contracted for the third time this year, ...
The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, ...
The US economy posted its first contraction in three years, data from US Bureau of Economic Analysis (BEA) showed on Thursday (US time). Chinese and foreign experts said the latest data is a ...
The U.S. economy contracted more than previously estimated in the first three months this year, according to government data released Thursday, with consumer spending and exports weaker than expected.
WASHINGTON, D.C. — The US economy contracted more than previously estimated in the first three months this year, according to government data released on Thursday, with consumer spending and exports ...
The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4% increase in the last three months of 2024 and marked the first time in three years that ...
The US Labor Department reports that American factories shed 7,000 jobs in June for the second month in a row. Manufacturing ...