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The US economy has signed an agreement with the imports in the beginning of the President in the first three months of 2025 Donald TrumpThe second term in the process of working with a potential expensive trade war.
General internal productIn January-March, the sum of all goods and services produced, according to the trade department report, 0.3% fell to a PACE on seasonal factors and inflation. This has been the first quarter of negative growth since 2022.
Economists examined by Dow Jones, in the fourth quarter of 2024, after 2.4% of GDP, was looking for a 0.4% increase. However, some of the wall economists, companies and consumers wanted to take ahead of Trump tariffs in early April.
Indeed, imports are driven by 41.3%, 41.3% for the quarter, with a 50.9% increase in goods. Imports from GDP, so the increase in growth cannot be considered negative in the next quarter, negative the potential to reverse. Imports collected more than 5 percent of the hood readings. Exports increased by 1.8%.
“Perhaps these disadvantages are related to the import of imports before the tariffs rise, but it was not just for political advisers in sugar.”
People shop in a manhattan store in New York, July 27, 2023.
Spencer Platt | Getty Images News | Getty pictures
During the period, consumption costs slowed, but it was still positive. Private consumption costs increased by 1.8% for the period, the slowest quarterly increase in the Q2 of 2023 was reduced to 4% in the previous quarter.
In addition, during this period, private household investment, growing 21.9%, first of all, first of all, it can be a 22.5% increase in equipment expenditure.
“The GDP’s first quarter said, mostly in a pace, but in a relatively weak pace, but relatively weak, but relatively weak, but not worrying.”
Stock futures The treasury crash was drifted after the report while passing a higher level.
After the report, Trump reports quoting Trump in the social post of Trump, especially not on the Biden Exchange.
“Tariffs will soon begin to kick and companies start moving to the United States in record numbers,” Trump said. “Our country will be rid of Bayen’s Overhang. This will last for a while, but there is nothing to do with tariffs, but when the boom is starting with bad numbers, it will be like no one. Be patient !!!”
The report was given a cross signal for the Federal Reserve before the policy meeting next week. Although the number of negative growth is able to push the Central Bank to reduce interest rates, inflation readings can stop politicians.
The Private Consumer Expenditure Price Index, Fed’s prefdition measure, a 3.6% increase in the quarter and the G4 increased by a 3.6% increase. Except for food and energy, the main PCE increased by 3.5%. Fed officials consider the nucleus that read a better size of long-term trends.
An associated reading, which is a chain-dimensional price index regulating changes in consumer behavior and other factors, is higher than 3.7%, 3%.
The markets are still in the June meeting and in just four moves to the end of the year, the fed will prioritize the priority of economic growth on inflation.
In addition, Wednesday, the Labor Statistics Bureau, in the first quarter, the employment value index, in accordance with the expectations, the employment value index increased by 0.9%.
Although the economy still spends on the workplace and consumers, the GDP report poses a threat to Trump for the threat of the decline and the US trade partners.
The traditional procedure for the recession is in two consecutive quarters, although the national bureau of economic research is a significant decline in economic activity and more than a few months. “
The markets will search for BLS Nonfarm salary information to be released on Friday. Paid Payrolls processing company ADP April on Wednesday, a total of 62,000 people increased by 62,000.