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UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal ...
Preston Caldwell, senior US economist at Morningstar “While Q1 2025 real GDP growth was negative, this doesn’t mark the beginning of a recession.
Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.
Higher tariffs would unambiguously reduce real GDP. We estimate a 1.6% long-run impact: a 1.1% impact from the 10% uniform hike and a 0.5% impact from the 60% China hike.
Real GDP fell in the year's first quarter at an annualized rate of 0.3%. That doesn't mean a recession, but Americans have been worried one will happen this year.
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.
U.S. GDP is projected to grow at slower rates in the decades ahead, with real, inflation-adjusted GDP declining from 2.8% last year and 2.1% in 2025 to 1.4% in 2055.
US economic activity looks set to post a sharply softer rate of growth in the initial estimate of Q1 GDP, based on the median nowcast for several estimates compiled by CapitalSpectator.com.
Imports expanded 37.9%, fastest since 2020, and pushed GDP down by nearly 4.7 percentage points. Consumer spending also slowed sharply, expanding just 0.5%, down from a robust 4% in fourth-quarter ...
The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP) showed economic growth contracted at an annualized rate of 0.3% during the year's first three ...