The US economy contracted for the ... another sign of demand in the economy, grew at a 3% annualized rate in the first quarter, above the 2.9% seen in the fourth quarter of 2024.

The U.S. economy contracted in the first quarter ... Consumer spending rose 1.8% with gains for both services (+2.4%) and goods (+0.5%), as increases in spending on services were widespread ...

The January-March drop in gross domestic product — the nation's output of goods and services — reversed a 2.4% gain in the last three months of 2024. Imports grew ... economy to eke out 0.8% ...

The US economy shrank by 0.3 per cent in the first quarter as President Donald Trump's trade war sparked a surge in import and corporate stockpiling. The figures from the Department of Commerce's ...

The US economy contracted by an annualised ... The IMF said last week that US GDP would expand by 1.8 per cent this year — down from its January estimate of 2.7 per cent. Many private sector ...

grew by 3.5% in the first quarter, above estimates for 3.2% and above the 2.6% seen in the prior quarter. The report measures economic activity through the first three months of the year ending in ...