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US Economy Contracts 0.5% in Q1, Revised Downward

1 min read
Source: PBS
US Economy Contracts 0.5% in Q1, Revised Downward
Photo: PBS
TL;DR

The US economy contracted by 0.5% in Q1 2025, primarily due to a surge in imports and slowing consumer spending, amid ongoing trade tensions and tariffs, marking the first contraction in three years and prompting concerns about economic stability.

Topics:businesseconomy#consumer-confidence#economy#gdp-decline#import-surge#trade-war#us-economy
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  1. U.S. economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed  PBS
  2. A battery of new data shows how the US economy is holding up amid Trump’s tariffs  CNN
  3. US GDP Revised Lower as Consumers Slash Services Spending  Bloomberg
  4. US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed  AP News
  5. Economy Shrank in First Quarter Worse Than Expected  U.S. News & World Report

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