U.S. economy shrank 0.5% between January and March, worse than two earlier estimates revealed

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U.S. economy shrank 0.5% between January and March, worse than two earlier estimates revealed

theglobeandmail.com/business/international-business/article-us-economy-shrinks-05-between-january-march

The U.S. economy shrank at a 0.5 per cent annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected downgrade from its previous estimate.
First-quarter growth sank under a surge of imports…

This story appeared on theglobeandmail.com, 2025-06-26 13:34:23.