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US Economy Contracts for the First Time Since 2022
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth.
US Economy Contracts In First Quarter Of 2025
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 third quarter, according to the BEA. The Federal Reserve Bank of Atlanta’s GDPNow, a running estimate of real GDP growth based on available economic data, projected a -2.7% GDP growth rate in the first quarter of 2025.
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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 economy unexpectedly shrank in the first quarter of 2025, as a rush of imports, driven by the anticipation of sweeping ...
The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses ...
The US economy contracted at an annual rate of 0.3%, the US commerce department said, a sharp downturn after growth of 2.4% ...
The U.S. Senate was poised on Wednesday to vote on a resolution to block a host of President Donald Trump's tariffs, hours ...
Daily Wrap on MSN3d
U.S. economy faces contraction as inflation intensifiesThe American economy contracted by 0.3% on an annualised basis in the first quarter of 2025, marking a stark contrast to the ...
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