Reported about 7 hours ago
The US economy is experiencing a rocky start to 2025 as consumer spending declines and the merchandise trade deficit widens significantly. In January, American consumers reduced their expenditure on goods, primarily due to extreme winter weather and rising food prices, which has led to concerns about economic resilience. Concurrently, India's economy shows signs of growth due to increased government spending and strong rural consumption, highlighting contrasting economic trends globally.
Source: YAHOO