US Economy Contracted by 0.3% in First Quarter of 2025 – Commerce Dept.

NAMPA / Sputnik

2025-04-30

(Adds additional details, background in paras 4-5) WASHINGTON, April 30 (RIA Novosti)—The US real gross domestic product (GDP) contracted by 0.3% in the first quarter of 2025, according to an estimate published by the US Bureau of Economic Analysis (BEA) on Wednesday. "Real gross domestic product decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March)," the BEA said in a press release. According t......

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