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US economy contracts 0.5% in Q1 2025 as consumer spending hits four-year low amid Trump policy uncertainty and rising unemployment claims.
Economists say it will take time for the effects of trade policies to show up in economic data — but acknowledge they aren’t ...
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, ...
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 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.
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 ...
Chancellor Rachel Reeves has called the economy's recent performance "disappointing" after figures showed it shrank ...