Reported about 22 hours ago
The US economy began to show signs of slowing down in early 2025, with a projected GDP growth of just 0.4%, the weakest rate in nearly three years, largely due to increased trade deficits and consumer caution following tariff-related import surges. Hiring remains steady with a projected 130,000 increase in payrolls, while business investment is cautious amidst uncertainty surrounding tariffs and trade policies instituted by the Trump administration.
Source: YAHOO