News

The US economy just shrank for the first time in 3 years as businesses braced for tariffs
Amid tariff announcements and economic uncertainty, real GDP unexpectedly fell at an annualized rate of 0.3% in the year's first quarter.
One map shows how each US state generates the GDP of a country
The US still dominates the global economy as the richest country in the world with a gross domestic product of $29 trillion ... 2024 from the International Monetary Fund and the Bureau of Economic ...
For The First Time Since 2022, The Economy Is Shrinking
The U.S. economy has broken its three-year streak of steady growth, as the GDP shrank at an annual rate of 0.3% in the first ...
24/7 Wall St. on MSN14d
Dow Down 7.4%, but Rural Approval of Trump’s Economy Falls an Even Steeper 10 Points—The Heartland’s 401(k) Pain Is Personal
On Election Day 2024, the U.S. economy was top of mind for millions of voters. According to a pre-election survey, 78% of Americans said the economy was a “very important” factor in deciding how to ...
Wall Street Journal16d
Yes, the U.S. GDP Decline Is an Ominous Sign
U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the Bureau of Economic Analysis. The BEA press release suggests this isn’t cause for ...
Independent Journal Review9d
‘Silver Lining’: Private Domestic Investment Soared In First Quarter Of 2025
While U.S. real gross domestic product (GDP) contracted in the first quarter of 2025, gross private domestic investment soared during ...
Odds of Mass. recession ‘pretty decent’ says MassBenchmarks
“The odds that we are going to technically have a recession seem pretty decent,” Melnik said Monday, soon after the ...
Fed's Powell Highlights 'Unusual Swing’ in GDP, But It Isn't Enough to Shift Policy
Fed Chair Jerome Powell acknowledged that the contraction in the U.S. economy in the first quarter was notable, but ultimately didn’t indicate that it was enough of a concern to push policymakers to ...
US economic stall hints at a freefall to come
Though he wasn’t even president for the entire quarter, the first official report on the health of the U.S. economy in 2025 bears the unmistakable imprint of Donald Trump. An estimated 0.3% annualized ...
The Washington Post23d
U.S. economy shrank in early 2025 as tariffs sapped growth, imports surged
The new report on gross domestic product, released by the Bureau of Economic Analysis on Wednesday morning, showed the first deceleration of the U.S. economy since the pandemic-fueled supply chain ...
California the world’s fourth biggest economy? Not necessarily
The World Population Review ranks California as the state with the third-highest cost of living for 2025, following Hawaii and Massachusetts.
Northeastern Univ. economist: Mass. lagged nation on GDP growth
Real gross domestic product decreased at an annual rate of 0.3% in the first quarter of 2025, the U.S. Bureau of Economic Analysis concluded in newly released estimates. In the fourth quarter of 2024, ...