US Economy Shrinks

US Economy Shrinks by 0.5 Percent in Q1 2025, Worse Than Earlier Estimates

US Economy Shrinks by 0.5 Percent in Q1 2025, Worse Than Earlier Estimates

Anthony Lane

The US economy contracted by 0.5% in Q1 2025, with a slowdown in consumer spending, government cuts, and a surge in imports contributing to the downturn. However, projections for Q2 are optimistic, with expected recovery and continued private investment growth. Businesses and individuals must adjust their strategies to navigate these changes.