Charting the Global Economy: US GDP Falls on Larger Trade Hit

Charting the Global Economy: US GDP Falls on Larger Trade Hit

The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger downshift in household spending growth than first estimated.

Charting the global economy: US GDP falls on larger trade hit - Business Fast

The US economy contracted slightly to start the year, largely reflecting a bigger tariff-related trade hit but also a larger downshift in household spending growth than first estimated. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics: US & Canada Bloomberg The US economy shrank at the start of the year, restrained by weaker consumer spending and an even b…