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

The U.S. economy shrank at a faster pace in the beginning of the year than originally reported, as new economic data showed a ...

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

U.S. economic growth declined more than initially estimated, with an increase in imports and a decline in government spending ...

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the ...

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

A flood of imports as businesses rushed to bring in goods before President Donald Trump's sweeping tariffs kicked in ...

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 ...

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 ...

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

President Trump has pressed allies to spend more on defense. Leaders agreed that “allies” — but not “all allies” — would meet ...