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Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's first quarter.
The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.
The U.S. Gross Domestic Product stood at an annualized rate of -0.3% in the ... fourth quarter and falls well short of economists' forecast of 0.8%. In 2024, the last year of former president Joe ...
The gross domestic product (GDP) report showed a decline in the first quarter of the year, marking the first drop since early 2022. President Donald Trump blamed the previous administration ...
The January-March drop in gross domestic product — the nation's output of ... to 1.8% growth from 4% in October-December last year. Federal government spending plunged 5.1% in the first quarter.
Gross Domestic Product (GDP) is a key indicator of a country's economic health, especially when considered as a measure of its compound annual growth rate. ・Business Insider Africa presents the top 10 ...