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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 ...
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 ...
It isn’t a statistical artifact but a warning of a real slowdown.
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 decline was driven by a large surge in imports, which are a subtraction in the calculation of GDP. Imports surged at an ...
"GDP is backward-looking but there was some good news as real final sales to private domestic purchasers, the engine of the ...
GDP printed at -0.3%, below market expectations, due to companies stocking up ahead of Trump's tariffs, impacting Net Exports ...
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
This marks the first quarter of economic contraction since the first quarter of 2022. NAHB predicted a 0.2% increase for the ...
The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast. The Bureau of Economic Analysis' advance ...