The U.S. financial system contracted 0.3% within the first quarter of 2025, the primary unfavorable studying since 2022, in line with an preliminary measurement launched Wednesday by the Commerce Division.
The U.S. financial system contracted 0.3% within the first quarter of 2025, the primary unfavorable studying since 2022, in line with an preliminary measurement launched Wednesday by the Commerce Division.
Peter Navarro, particular counselor to the president, tried to spin the GDP report as “very constructive information” for Individuals on Wednesday morning, touting how tariffs are driving a “large quantity”