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The U.S. economy shrank in the first quarter, but the underlying data show trends under the hood that should dampen recession fears. “Real GDP slipped in the first quarter, and while a decline during ...
First-quarter GDP data showed that the U.S. economy contracted slightly, while the ADP employment report showed hiring tumbled in April, Despite a soothing March reading of the Federal Reserve's ...
U.S. GDP shrank at an annual rate of 0.3% in the first quarter of 2025, marking the first decline in three years. Experts attribute the contraction to a surge in imports as businesses stocked up ...