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U.S. economic gross domestic product contracted 0.3% for the first three months of 2025 as imports surged amid Trump ...
It isn’t a statistical artifact but a warning of a real slowdown.
As such, it's worth knowing what the headline statistic — the annual growth rate in real GDP — represents. Let's take a closer look at how to calculate this rate. Image source: Getty Images.
The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic ...
A 0.3% decline in U.S. first quarter Gross Domestic Product (GDP) and an estimated low number of new jobs in April point to a ...
The White House is defending its economic policies after the Bureau of Economic Analysis released its advance estimate for ...
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
"GDP is backward-looking but there was some good news as real final sales to private domestic purchasers, the engine of the ...
The decline in GDP was attributed primarily to an increase in imports, which count as a subtraction in the calculation of GDP, as well as a decrease in government spending. Those shifts were ...
This, the bureau said, “primarily reflected an increase in imports, which are a subtraction in the calculation of GDP”. Mr Trump, apparently embarrassed by the contraction, blamed a “Biden ...
Fed chair Jerome Powell noted that surveys of households and businesses had reported a “sharp decline in sentiment and ...
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