At the beginning of 2025, the U.S. economy faltered, experiencing its first contraction in three years. Faster-than-expected price increases and a dramatic increase in imports caused GDP to fall into ...
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US GDP rebounds 3.3% in Q2 as imports plunge after tariff surge, consumer activity firms up
The US economy staged a strong rebound this spring, recovering from its first contraction in three years as imports fell and consumer activity firmed. The Commerce Department reported Thursday that ...
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