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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.
The US merchandise-trade deficit unexpectedly widened in March to a record as companies continued importing goods to get ahead of tariffs, indicating a large hit to the economy in the first quarter.
The industries that were lost to foreign markets stretched the supply chain to the point that foreign countries controlled essential goods for the U.S. economy. When that supply chain was stressed ...
The gross domestic product report, released by the Bureau of Economic Analysis, measures the value of goods produced in the country, providing a deep look at the health of the economy across a ...
The facts, as New York Timesman Edwin L. Dale Jr., 33, reported this week: 1) in 1952-55, retail prices of manufactured goods, as well as food prices, declined a bit on the average; 2) the main ...
The US economy unexpectedly shrank in the first three months of 2025 as President Trump’s tariffs sent companies rushing to import goods from overseas, according to data released on Wednesday.
Goods imported from China will now face a combined ... “Today’s decision will add to uncertainty in the global economy, and it will push up costs for American households.” ...
(Bloomberg) -- What’s the single best way to measure the health of a country’s economy? For most experts, there is little debate that gross domestic product, a quarterly tally of all the goods ...