The economy contracted at a 0.2% annual rate in the first quarter of 2025, the Bureau of Economic Analysis said Thursday in a revision to its estimate of GDP. A preliminary report from the agency ...
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...
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 ...
First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey
Economic growth in the first quarter was just 0.3%, according to CNBC's Rapid Update which tallied the forecasts of 14 economists. The survey also shows Core PCE inflation will remain stuck at around ...
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Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says
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 ...
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
WASHINGTON, May 28 (Reuters) - U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and ...
Gross domestic product (GDP) is one of the most widely used indicators of economic performance. Gross domestic product measures a national economy's total output in a given period and is seasonally ...
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