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The government said that first-quarter gross domestic product fell by 0.5%, more than economists had predicted.
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...
The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the ...
First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists. GDP contracted by 0.5 percent on an annualized basis, 0.3 ...
The US economy contracted in the beginning of the year at a much faster pace than previously reported, as tariff fears took a much greater toll on economic growth.
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Khaleej Times on MSNUS First-Quarter GDP Revised Lower on Tepid Consumer SpendingA flood of imports as businesses rushed to bring in goods before President Donald Trump's sweeping tariffs kicked in ...
The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's import taxes at least ...
Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...
US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic as outlays for recreation ...
Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...
The U.S. economy contracted more than previously estimated in the first quarter, new government data showed. Gross domestic product—a broad measure of goods and services produced across the ...
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