News

The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as companies loaded up on imported goods ahead of higher levies. But ...
The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the nation's GDP grew at an annual rate of 3% in the second quarter of the year.
The current political discussion about tariffs has led to confusion about imports and GDP. Business leaders assessing the economic outlook should understand the issue.
Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter 2024.
New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.
GDP grows as Trump's trade agenda revamps the economy The government report showed signs of strain that could weigh on economic activity later in the year.
Strong second quarter GDP growth numbers are "misleading," say experts The economy is hot, but maybe not as hot as it looks.
A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest ...
There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought ...
The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022. The US ...