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U.S. Economy Contracted in First Quarter of 2025

Thread starter Hoca
Start date Apr 30, 2025

Hoca

Administrator

Staff member

Apr 30, 2025

The U.S. economy contracted in the first quarter of 2025 for the first time in three years, driven by a sharp surge in pre-tariff imports, softening consumer spending, and a decline in government spending. According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) decreased at an...

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