“GDP likely would have risen in the absence of ... “The contraction was largely a function of economic activity being pulled forward as importers, businesses and consumers rushed to get ...

The U.S. economy went into reverse having its worst quarter since Covid. The U.S. Gross Domestic Product stood at an annualized rate of -0.3% in the first quarter, the Commerce Department said ...

Real GDP fell in the year's first quarter at an annualized rate of 0.3%. That doesn't mean a recession, but Americans have been worried one will happen this year. The new data shows how the ...