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

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

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 ...

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

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

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

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

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 ...

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

The number of Americans filing new applications for jobless benefits fell last week, but work opportunities are becoming ...

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