The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, ...

New GDP data shows the U.S. economy shrank at an 0.5% annual pace from January through March, the first quarterly drop in ...

As President Trump pushes European allies to spend 5 percent of GDP on defense — something the U.S. has not done since 1990 — ...

The Commerce Department released its third estimate of U.S. gross domestic product for the first quarter and found the ...

First-quarter gross domestic product (GDP) growth was revised lower Thursday in light of reduced consumer spending, surprising economists. GDP contracted by 0.5 percent on an annualized basis, 0.3 ...

US consumer spending grew in the first quarter at the weakest pace since the onset of the pandemic as outlays for recreation ...

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least ...

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's import taxes at least ...

Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...

Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...

The US economy contracted in the beginning of the year at a much faster pace than previously reported, as tariff fears took a much greater toll on ...