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U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed

by The Associated Press June 26, 2025

written by The Associated Press June 26, 2025

By Paul Wiseman WASHINGTON (AP) — The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected downgrade from its previous estimate. First-quarter growth sank under a sur...

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U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed

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