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

finance.yahoo.com

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

finance.yahoo.com

commander@lemmy.world to

Economy@lemmy.world · 2 days ago

A surge in imports ahead of anticipated tariffs resulted in the first negative reading for US economic growth in three years.

You must log in or register to comment.

Chat

Economy@lemmy.world

economy@lemmy.world

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

107 users / day
407 users / week
1.07K users / month
4.83K users / 6 months
28 local subscribers
1.1K subscribers
5.06K Posts
3.08K Comments
Modlog

mods:
sv1sjp@lemmy.world