U.S. GDP dipped 0.5% Q/Q in Q1 in its third estimate, revised from the prior estimate of -0.2% and compared with a 2.4% increase in Q4 2024, the U.S. Commerce Department said on Thursday. The downward ...
ATLANTA — The Federal Reserve Bank of Atlanta's GDPNow model published a final projection for GDP growth in the first quarter of 2025 on Tuesday at -2.7%. The forecast comes ahead of Wednesday's ...
The Q1 GDP number, despite being negative, indicates strong demand as it was driven by a spike in imports due to increased consumer and business spending. Excluding the impact of net exports and ...
Pre-market futures are down this morning, following economic data released ahead of today’s opening bell. We had been flat on the Dow and S&P 500 prior to these releases, with the Nasdaq down around ...
Gross Domestic Product (GDP) is a worthless number. The previous truth isn’t a defense of Donald Trump after the 0.3% Q1 GDP decline. Instead, it’s a defense of reason that requires the reasonable to ...
The tariff file has caused a high level of uncertainty both for consumers and businesses. As a result, all it took was the lifting of that uncertainty, via the 90-day suspension of higher tariffs, for ...
GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...
Markets had a positive week, with the major indexes advancing in the +3% range despite a slowing economy and less than stellar corporate reports. As of Friday (May 2), the S&P 500 notched its longest ...
Beating estimates and marking a five-quarter high, India’s Gross Domestic Product (GDP) grew 7.8% in the April-June quarter of FY26, data released by the National Statistics Office (NSO) showed on ...