For The First Time Since 2022, The Economy Is Shrinking

The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first quarter. Read More

Productivity Falls for First Time Since 2022. What That Means for Economic Growth.

The result represents a sharp reversal from the growth of 1.5% in the fourth quarter of 2024 and 2.8% for last year as a whole. Read More

Trump’s trade war hits home: Economy shrinks for first time since 2022

An early tally of the impact of President Trump’s tariffs is in — and it’s, well, not encouraging. The US economy shrank in the first quarter, the first decline in three years, the Commerce Department ... Read More

Economic Data Unlikely to Counter the Drag From Uncertainty Over Tariffs

When it comes to the economy, there are two ... magnitude and timing on a resolution to U.S. trade policy,” Sam Bullard, managing director and senior economist of Wells Fargo’s corporate ... Read More

Economy will likely slow to near-standstill or recession despite Trump tariff pause: Survey

Experts predict the economy ... economic benefits of the concessions. “That adds up to even higher (total) tariffs,” said Barclays economist Marc Giannoni. The effective, or average, U.S ... Read More

California economy is now the world’s 4th-largest. But other measures are grim.

“This is a piece of history that is contradicted by current events now,” said Stephen Levy, senior economist ... California’s economic challenges and expects the state economy to shrink ... Read More