US GDP contracted by 0.3% in Q1 with aftereffects of tariffs

Catenaa, Wednesday, April 30, 2025- US economy contracted by 0. 3% of the GDP in the first quarter of 2025, official data showed on Wednesday, with an increase in imports and decrease in consumer and government spending. The Commerce Department told US gross domestic product fell at a seasonal and inflation adjusted 0. 3% annual rate in […] source: https://investors.catenaa.com/news/us-gdp-contracted-by-0-3-in-q1-with-aftereffects-of-tariffs