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In 2024, the last year of President Joe Biden’s term, U.S. economy grew by 2.8 percent. Here's how it's doing now.
Gross domestic product, a measure of all goods and services produced in the US, in January through March plunged.
In the fourth quarter of 2024, real GDP had increased 2.4%. “Compared to the fourth quarter, the downturn in real GDP in the ...
Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in ...
Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...
Investors were left with little clarity on Wednesday about the health of the U.S. economy despite a fresh report on gross ...
Alexandre Padilla, a Professor and Chair of the Economics Department and Director of the Exploring Economic Freedom Project ...
Tariff front-running opened up a huge gap between imports and exports in the first quarter. That lopped 4.8 percentage points ...
The U.S. economy slightly contracted in the first quarter, confirming that both economic weakness and federal revenue ...
Real gross domestic product (GDP) was down 0.2% in February, partly offsetting January's 0.4% increase. After driving growth ...
The U.S. economy shrank in the first quarter. Gross-domestic product fell at a seasonally and inflation-adjusted 0.3% annual ...