RandAlThor@lemmy.ca to

News@lemmy.world · 23 hours ago

US economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed

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US economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed

RandAlThor@lemmy.ca to

News@lemmy.world · 23 hours ago

US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate.

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mintiefresh@piefed.social
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“How could Biden do this?”
- ZILtoid1991@lemmy.world
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  Hungarian here. Once that will run out its course, they’ll say “How could Canada/Mexico/China/Europe do this?”.

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