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US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years
A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.
Q1 2025 U.S. GDP: Import Surge Leads To Negative GDP Growth
US GDP shrinks by -0.3% in Q1 2025, driven by import surges and trade policies. Click for a close look at the data, including ...
Navarro: "Import Surge" Ahead Of Tariffs Dragged Q1 GDP Number Down By Like 5%, Domestic Investment Is "Off The Charts"
White House trade advisor Peter Navarro told CNBC's Jim Cramer in an interview Wednesday morning that an "import surge" ahead ...
Fox Business3d
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
"The Q1 data on GDP highlight the bind that the Federal Reserve is in. The economy was essentially stagnant in the first three months of the year while growth in headline and core inflation ...
U.S. GDP contracts in Q1 as imports swell, price index jumps
Q/Q vs. +0.2% consensus and +2.4% in Q4 2024, according to data released by the Bureau of Economic Analysis on Wednesday.
Japan Q1 GDP likely contracted on soft domestic demand, import surge: Reuters poll
Japan's economy probably contracted for the first time in a year in the first quarter, weighed down by softer domestic demand ...