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US Economy Contracts for the First Time Since 2022
The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth.
The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by ...
President Trump urges Americans to "BE PATIENT" after GDP dropped in Q1 The post US Economy Contracts 0.3% for First Time in ...
The US economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses ...
This was sharply below the market consensus estimate of 0.4 percent growth, according to Briefing.com, and marked the first ...
The US Commerce Department says the economy contracted at an annualized rate of 0.3 percent from January to March. That is ...
The US economy contracts during President Trump's first three months in office. GDP fell by 0.3%... Mr Trump blames former President Biden. Meanwhile China blames US tariffs for falls in its ...
Gross domestic products contracted at a 0.3% annual rate in the first quarter. Record trade deficit behind the first decline since early 2022. Consumer spending, the main conduit of economic growth, ...
Economic growth in the first quarter was impacted in part by a rise in imports as U.S. companies attempted to bring in ...
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