In a couple of weeks we will get the first reading for third quarter GDP growth, and the current consensus among economists ...

Key Takeaways. The US economy contracted at a rate of 0.3% in the first quarter of 2025. The slowdown in GDP growth was driven by a surge in imports, as US firms attempted to front-run tariffs.

The link between heat and key economic indicators such as inflation and gross domestic product is too important to ignore, ...