As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...
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 ...
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. Analysts say the ...
Consumer spending growth was revised up to +2.5% in Q2. The first estimate had pegged consumer spending growth at a worrisomely anemic 1.4%, the second estimate at 1.6%. Private fixed investment was ...
The U.S. economy surged between April and June after shrinking in the first three months of the year, driven by a large shift in imports tied to President Trump's trade policies. By the numbers The ...