Tag #Economic Revision

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U.S. GDP Contracts 0.2% in Q1 2025 Amid Increased Imports

The U.S. GDP experienced a 0.2% annualized contraction in Q1 2025, primarily due to increased imports (42.6% increase) and decreased government spending, marking the first contraction since Q1 2022; however, this was partly offset by growth in household spending (1.2%), private investment (24.4%), a...

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