🇺🇸 GDP Report – Key Takeaways

The U.S. economy contracted by 0.5% in Q1, a bigger drop than previously estimated. That’s a significant slowdown, especially considering the last estimate was just a 0.2% decline. This marks the weakest quarter since early 2023.

What caused the drop:

• Surge in imports (rushed in before new tariffs) dragged GDP…

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