Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...

The U.S. economy expanded at an annual rate of 2% in the first three months of 2026, slower than forecasters expected but a rebound from weak growth in the previous quarter, new government data shows.

The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect. The Commerce Department's Bureau of Economic Analysis (BEA) released ...

Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump's tariffs. Imports soared 41.3%, driven by a 50.9% increase in goods.

President Donald Trump blamed former President Joe Biden after new data showed U.S. gross domestic product contracting in the first quarter of 2025. He suggested he will blame Biden for the second ...

The U.S. economy wasn’t all that great in the first three months of the year. But it wasn’t terrible, either. Gross domestic product, the official scorecard of the economy, was revised down to show ...

The U.S. economy has been growing and recession-free for almost six years. The U.S. economy wasn't all that great in the first three months of the year. But it wasn't terrible, either. Gross domestic ...