U.S. Economy Slightly Better in Q1, but Still Shrinking
TL;DR Summary
US GDP decreased by 0.2% in Q1 2025 due to increased imports and decreased government spending, despite rises in investment, consumer spending, and exports; corporate profits also declined significantly.
- Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), 1st Quarter 2025 Bureau of Economic Analysis (BEA) (.gov)
- America’s economy performed slightly better in the first quarter than we thought — but it still shrank CNN
- U.S. GDP Got an Update Thursday. This Is What to Know. Barron's
- Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate The Hill
- Q1 Contraction Milder Than Initially Thought, GDP Declined at 0.2% Rate WSJ
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