This week has been witness to a veritable inundation of data, including headline macroeconomic reports on jobs, inflation and ...

Shipping containers at the Port of Los Angeles on April 3. The latest US GDP report showed that goods imports rose by 51% in the first quarter, the fastest pace since 2020. Mario Tama/Getty Images ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in three years.

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 role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help ...

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 ...

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest ...

The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the economy contracted at an annual rate of 0.5%.

Among the states whose share in U.S. GDP is more than 25% smaller than their share in U.S. population are Idaho, New Mexico, South Carolina, Alabama, Arkansas, West Virginia and Mississippi, the ...