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Posted

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-pullback-in-3-years-123544813.html

 

US economy contracts at 0.3% rate in Q1, first pullback in 3 years

The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast.

The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP) showed economic growth contracted at an annualized rate of 0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg. The reading came in significantly lower than the 2.4% rate of growth seen in the fourth quarter of 2024.

 

 

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Posted
1 minute ago, CallumWK said:

https://finance.yahoo.com/news/us-economy-contracts-at-03-rate-in-q1-first-pullback-in-3-years-123544813.html

 

US economy contracts at 0.3% rate in Q1, first pullback in 3 years

The US economy contracted for the first time in three years to start 2025 as a surge in imports dragged down GDP and prices increased more than forecast.

The Bureau of Economic Analysis' advance estimate of first quarter US gross domestic product (GDP) showed economic growth contracted at an annualized rate of 0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg. The reading came in significantly lower than the 2.4% rate of growth seen in the fourth quarter of 2024.

 

 

Totally normal.

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Posted
4 minutes ago, CallumWK said:

0.3% during the year's first three months, more than the 0.2% decline expected by economists surveyed by Bloomberg

They even forecasted it. Dear oh dear.

 

Lefties out of touch.

  • Like 1
Posted
4 minutes ago, Harrisfan said:

They even forecasted it. Dear oh dear.

 

Lefties out of touch.

Says a non American…..anyway totally sielf inflected by one Donald jhon trump sooo much winning……..for our enemies.

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Posted
4 minutes ago, Harrisfan said:

They even forecasted it. Dear oh dear.

 

Lefties out of touch.

 

Of course every thing is always normal in the Trump cult world, and sure they forecasted it, since they knew what idiot was at the helm. You surprised?

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Posted
Just now, CallumWK said:

 

Of course every thing is always normal in the Trump cult world, and sure they forecasted it, since they knew what idiot was at the helm. You surprised?

You really don't have a clue do you?

Posted
1 minute ago, Harrisfan said:

You really don't have a clue do you?

 

I do have a clue about what you have a clue about. Does that tell you something

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Posted
2 minutes ago, CallumWK said:

 

I do have a clue about what you have a clue about. Does that tell you something

How do you cut spending by 20% without a slowdown?

Posted
8 minutes ago, Harrisfan said:

How do you cut spending by 20% without a slowdown?

Well not trying to strangle the goose that lays the golden eggs ( metaphorically speaking) for starters…..

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