When Growth Hits Pause
What a 0.3 Percent Dip Tells Us About the Bigger Picture
The U.S. economy just shrank by 0.3 percent in the first quarter of 2025. It’s the first time the economy has contracted since 2022. The trigger? A sharp rise in imports ahead of expected tariffs tied to trade policy changes under President Trump’s second term.
On paper, a surge in imports sounds like activity. More…
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