The GDP figure was a larger drop than the 0.1% contraction expected by economists polled by Reuters. Japan's GDP data comes at a time when the country is locked in trade negotiations with the U.S., ...
The US economy contracted at a rate of 0.3% in the first quarter of 2025. The slowdown in GDP growth was driven by a surge in imports, as US firms attempted to front-run tariffs. Analysts say the ...
It is an odd confession to make about a statistic, I realize, but then again I am an economist, so I am just going to go ...
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest numbers ...
The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the ...
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as companies loaded up on imported goods ahead of higher levies. But what few ...
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 ...
Senior Trump administration officials are forecasting a boom for the U.S. economy in 2026, driven by Federal Reserve interest rate cuts and historically large tax refunds. "This quarter — the first ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
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