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mahatmakanejeeves

(65,617 posts)

1. I know you're working on PCE.

Reply to BumRushDaShow (Original post)

Wed Apr 30, 2025, 08:57 AM

Apr 30

BEA:

Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent. The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports.

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raging moderate Bernardo de La Paz

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Highlight:

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses [View all] BumRushDaShow Apr 30 OP

I know you're working on PCE. mahatmakanejeeves Apr 30 #1

I had installed the Yahoo! Finance app on my idevices a couple weeks ago BumRushDaShow Apr 30 #6

if you want to read more on bloomberg use reader mode on your browser moonshinegnomie Apr 30 #7

Oh I know that little trick BumRushDaShow Apr 30 #10

It will be even worse for the 2nd quarter numbers moniss Apr 30 #2

Don't worry, everybody! The economy only contracted due to a massive increase in the trade deficit Prairie Gates Apr 30 #3

THE BEST...IS YET...TO COME!!!! Midnight Writer Apr 30 #4

Make America Grow Negatively Again IronLionZion Apr 30 #5

and the moron is blaming biden (of course) moonshinegnomie Apr 30 #8

The argument about imports is really fishy Bluetus Apr 30 #13

It Is Not The Arithmetic That Will Go In The Other Direction DallasNE Apr 30 #15

I agree with you. The economists have this backwards. Bluetus Apr 30 #19

This message was self-deleted by its author MichMan Apr 30 #9

Why are Americans taking this?? Canada Kid Apr 30 #11

With all due respect. Keep this in mind ..People who voted for Trump are Trump. chouchou Apr 30 #18

And the orange Hitler is blaming President Biden for this! kimbutgar Apr 30 #12

Translation, If This Growth Trend Continues In The 2nd QTR DallasNE Apr 30 #14

And, right on cue, he blames Biden. SergeStorms Apr 30 #16

Make America G...glub...glub..glub... LudwigPastorius Apr 30 #17

Folks, two negative quarters in a row is NOT officially a recession. The NBER is the widely accepted arbiter of when progree May 1 #20