U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. Excluding these ...

The U.S. economy shrank faster than previously thought during the first three months of 2025, with growth contracting for the first time in three years. The country's gross domestic product fell at an ...

(The Center Square) – The White House is defending its economic policies after the Bureau of Economic Analysis released its advance estimate for the first quarter 2025 real gross domestic product ...

The U.S. economy contracted in the first quarter of 2025 for the first time in three years, reflecting a surge in imports ahead of President Donald Trump's tariffs and a slowdown in consumer spending.

WASHINGTON, June 26 (Reuters) - The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...

The Commerce Department’s Bureau of Economic Analysis last week released its “advance estimate” of U.S. Gross Domestic Product for the first quarter of 2025. GDP measures the total market value of all ...

As we all know, GDP shrank at a 0.3 percent annual rate in the first quarter, the first decline in GDP in three years. The main factor from an accounting standpoint was a huge surge in imports which ...

April 30 (UPI) --U.S. economic gross domestic product declined for the first three months of 2025 as imports surged amid Trump administration tariffs, but White House trade adviser Peter Navarro ...

The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department's Bureau of Economic Analysis (BEA) released ...

Q1 2025 GDP growth was revised down to -0.5%, with personal consumption and services spending notably weaker than previously estimated. Inflation measures were revised up slightly, complicating the ...