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The U.S. Economy Contracts For First Time in Years - MSNDuring the first quarter of the year, the U.S. gross domestic product (GDP) shrank at an annual rate of 0.3%. This marked a significant drop from the 2.4% growth seen at the end of 2024.
U.S. productivity, economy’s secret sauce, falls for first time in almost 3 years Wages also pick up in January-March quarter Last Updated: May 8, 2025 at 9:50 a.m. ET First Published: May 8 ...
The U.S. economy was forecast to show 0.8% growth in the first three months of 2025, according to the average estimate of economists polled by FactSet.
The world’s largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.
The U.S. economy contracted 0.3% in the first quarter of 2025, the first negative reading since 2022, according to an initial measurement released Wednesday by the Commerce Department.
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