U.S. economy went into reverse in the first quarter, new GDP data shows

The economy shrank 0.3% in the first three months of the year, a steep downturn from the pace of growth in 2024. Read More

GDP: US economy grows at 2.3% annualized pace in fourth quarter, matching estimates

The US economy grew at an unrevised 2.3% annualized pace last quarter, on par with consensus ... A third and final estimate for Q4 GDP growth will be released at the end of March. Read More

US economy contracts at 0.3% rate in Q1, first GDP pullback in 3 years

A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years. Read More

Is America's economic slip temporary? Trump, Biden allies divided over GDP report

The economy contracted 0.3% in the 1st quarter as imports surged ahead of Trump's tariffs. But underlying data showed sturdy growth, despite GDP drop. Read More

US economy was already sputtering before trade pain kicked in

The US government’s initial estimate of first-quarter gross domestic product is projected to show the economy expanded at a 0.4% annualized rate, the weakest in nearly three years. Read More

US economy shrinks 0.3% as companies race to get ahead of Trump tariffs

US President Donald Trump has shared his thoughts on the economy after GDP figures were announced this morning, which indicates the US economy shrank 0.3% in first three months of this year. On Truth ... Read More

Trump praises tariffs in Cabinet meeting as US economy shrinks for first time since 2022

Trump says tariffs will encourage US consumers to buy more American-made goods, increase the amount of taxes raised, and lead to huge levels of investment in the country. He argues that America has ... Read More

US economy stalls in first quarter with few implications for Fed

The GDP estimates from the Bureau of Economic Analysis (BEA) do show a large increase in inventories, but not enough to fully offset imports. Imports increased by $333.3bn relative to Q4, but the ... Read More

Trump's tariffs roiled markets but data shows a solid economy. Here's why.

Market turmoil and recession warnings have helped fuel worry about the United States ... economic growth at the outset of this year. The U.S. economy grew at an annualized rate of 2.4% over the ... Read More

US economy decelerates to 0.4% growth as trade deficit balloons and consumer confidence wanes

After cruising along comfortably for most of last year, the world’s largest economy lost altitude at the start of 2025 as consumers tired and the trade deficit ballooned on a tariff-related scramble ... Read More

Pound Sterling slumps against US Dollar despite US economic turbulence

The Pound Sterling retraces below 1.3400 against the US Dollar from the three-year high of 1.3445. However, the overall outlook of the pair remains bullish as all short-to-long Exponential Moving ... Read More