US economy cooling in first quarter; inflation appears sticky

The economy grew at a 3.2% rate in the fourth quarter, fueled by consumer spending. Stocks on Wall Street were trading lower. The dollar rose against a basket of currencies. Read More

The Economy Is Cooling, and That’s Good News - Morningstar

The economy is cooling off. Inflation is slowing and job ... Since consumer spending accounts for roughly 70% of US economic ... .9% in the third quarter of 2023 to 1.4% in the first quarter of ... Read More

US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in ... Read More

Why are consumers pessimistic about the economy while inflation is ...

Economic data has shown inflation slowing, while the labor market has remained relatively strong despite cooling somewhat. (Michael Nagle/Bloomberg via Getty Images / Getty Images) ... Read More

US first-quarter GDP: Economy contracted at a 0.3% rate - Fox Business

The U.S. economy contracted at a rate of 0.3% in the first quarter of 2025, according to an estimate released on Wednesday by the Bureau of Economic Analysis. Read More

US economy shrank in first quarter as tariff-related import surge ...

US economy shrank in first quarter as tariff-related ... 3.7% in the first quarter, ... stagflation” — high inflation and a weakening economy — as their missions of keeping ... Read More

America’s economy performed slightly better in the first quarter than ...

The US economy shrank slightly less in the beginning of the year than previously reported, new data shows, but it was still the first quarterly decline since 2022, in a sign of how President ... Read More

US Economy Contracts More Than Estimated in First Quarter: Govt

The U.S. economy contracted more than previously estimated in the first three months this year, according to government data released Thursday, with consumer spending and exports weaker than expected. Read More

'Sticky Inflation' Appears 'Less Stuck' After November ... - Benzinga

'Sticky Inflation' Appears 'Less Stuck' After November Consumer Price Data, ... chief economist at RSM US, sees it as “increasingly likely” that the economy accelerated in the current quarter. Read More

Economic news this week: See latest inflation, mortgage rates and more

The U.S. economy produced $22.9 trillion of goods on an inflation-adjusted annualized basis in the second quarter, according to the Bureau of Labor Statistics. That pushed up GDP by 3% from the ... Read More

World Economy Latest: US Inflation Picks Up Before Tariffs - Bloomberg

Consumer spending was weaker than expected again in February while a key inflation metric picked up, in a double whammy for the US economy before the brunt of tariffs. Markets and world leaders ... Read More

US Economy Cooling in First Quarter; Inflation Appears Sticky - U.S. News

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, ... Read More