The U.S. economy shrank by 0.5% in the first quarter of 2025, between January and March, as two earlier estimates were revised downward by the Commerce Department’s Bureau of Economic Analysis.

The U.S. economy grew much faster than forecasters had expected in the third quarter, thanks to a drop in imports and a surge in consumer spending.

The U.S. trade deficit has plunged as imports surged and then plummeted as a result of President Trump's trade war and tariffs. The impact of rapid global economic shifts can be seen in the supply ...

The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a ...

The big news this past month is that GDP, or gross domestic product, contracted in the fourth quarter. Wednesday's release came in at minus 0.3% on an annualized basis, marking GDP's first decline in ...