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US GDP shrinks by -0.3% in Q1 2025, driven by import surges and trade policies. Click for a close look at the data, including ...
Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% in March after an upwardly ...
White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead of expected tariffs coming into effect skewed the GDP growth number for ...
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
Despite a first-quarter contraction driven by tariff-related import surges, the US economy shows resilience. Consumer ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
US GDP data was weaker than expected for last quarter. The US economy experienced a sharp slowdown, as expected, and growth ...
US GDP growth is expected to slow sharply in the first quarter from 2.4% growth in the fourth quarter, reflecting a surge in imports ahead of new tariffs. Analysts expect the economy to grow more ...
The survey was, however, concluded before data on Tuesday showed the goods trade deficit surged to an all-time high in March ...
Stocks were falling on Wednesday morning after data showed the world’s largest economy shrank at the start of 2025 as imports surged ahead of President Donald Trump's tariffs and as consumers pulled ...
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