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US Economy Contracts for First Time Since 2022 on Imports Surge
The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and softer consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.
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 US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices ...
April was one of the wildest months in recent memory for markets, capped off by a key data release that showed the economy ...
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 US Commerce Department says the economy contracted at an annualized rate of 0.3 percent from January to March. That is ...
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 ...
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