Reported 2 days ago
The US economy experienced a slight contraction at the start of the year, primarily due to increased trade impacts from tariffs and weaker consumer spending growth. In contrast, Canada posted growth driven by a surge in exports ahead of higher US duties, while India outperformed expectations with a strong GDP increase. Meanwhile, consumer sentiment showed improvement following the easing of tariff concerns, and Europe's economic outlook remains uncertain due to inflation rates and business challenges in China.
Source: YAHOO