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Gross domestic product, a measure of all goods and services produced in the US, in January through March plunged.
The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024.
The contraction in GDP, the value of all goods and services across the economy, was the first in three years and comes amid ...
In the fourth quarter of 2024, real GDP had increased 2.4%. “Compared to the fourth quarter, the downturn in real GDP in the ...
As President Trump spent the week marking the 100th day of his new term, he regularly invoked his predecessor, blaming former ...
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.
In March, CBS found that only 34% of Americans blamed Trump for inflation compared to 38% who blamed Biden. However, after ...
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...
Wall Street and Washington, D.C., are wading through a surge of economic data this week as markets and policymakers attempt ...
Tourism could comprise 10% of Mongolia’s GDP if the country can attract 2 million annual tourists by 2030, the country’s ...
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