mai 1, 2025
Home » US Economy has shrunk by 0.3% after business reworing

US Economy has shrunk by 0.3% after business reworing

US Economy has shrunk by 0.3% after business reworing


The US economy contracted by 0.3% for the first quarter of the year. Just 24 hours, since the White House press officer said the US economy is running with full steam, there is dramatic proof that this is not the case, even before the so -called. « Liberation Day »related to the new US myths, the BBC reports.
This is a worse result for growth than economists, as retailers have stunned before the announcement of duties and to the detriment of GDP growth.
At the same time, consumers spend less, which will also affect growth. The US business takes action before Donald Trump’s new duties to enter into force in the middle of his chaotic trade policy.

Our country will flourish, but we need to get rid of Biden. It will take time, but it has nothing to do with duties. He left us bad numbers, but when the boom starts, we won’t be equal. Be patient.

Donald TrumpPresident of the United States

Trump wrote on social networks. He denied the contraction of the economy as a result of duties.

Trump’s first 100 days: The President trying to overturn the world order

Influenced economists have warned of the risk of entering the US economy into a recession and that the chances are already close to 50%.

Where is the US economy going: the chances of recession increase to 50%

Where is the US economy going: the chances of recession increase to 50%

The assumptions are that recession forecasts are already being renewed, with the prospect of households and businesses being even more tangible.

America contributes by $ 1 every $ 6 in global consumption. If Americans do not buy, it will be more difficult for other countries to sell.

Consumer confidence in the US is close to a 5-year decline and the business climate is getting worse, Reuters reports. Air carriers withdrew their financial forecasts for 2025, pointing as a reason for uncertainty in revenue from unimportant travel to consumers because of duties.

Economists have warned that duties will increase costs for companies and households.

According to economists, the larger volumes of non-monetarily traded gold have led to a rise in imports, which somewhat distorts the picture for GDP. According to other opinions, the data adds the estimates that the economy is suffering because of the uncertainty about duties.

Ice Corporations in the US have reduced growth prognosis in the middle of chaos with duties

Ice Corporations in the US have reduced growth prognosis in the middle of chaos with duties

Inflation in the United States has increased in the last quarter and will continue to grow during the year. Economists expect the Federal Reserve to reduce interest by the end of the year.



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