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Gross domestic product, a measure of all goods and services produced in the US, in January through March plunged.
In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.
While U.S. real gross domestic product (GDP) contracted in the first quarter of 2025, gross private domestic investment ...
Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...
The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy ...
President Trump's announcement of additional tariffs led businesses to increase inventory imports to avoid higher prices, ...
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Alexandre Padilla, a Professor and Chair of the Economics Department and Director of the Exploring Economic Freedom Project ...
Tariff front-running opened up a huge gap between imports and exports in the first quarter. That lopped 4.8 percentage points ...
Wall Street and Washington, D.C., are wading through a surge of economic data this week as markets and policymakers attempt ...
The contraction in GDP, the value of all goods and services across the economy, was the first in three years and comes amid ...
The U.S. economy shrank in the first quarter. Gross-domestic product fell at a seasonally and inflation-adjusted 0.3% annual ...