The US Commerce Department says US gross domestic product shrank by 0.3 percent in the first quarter of the year.
It's the first time in 12 quarters the country has logged negative growth. The previous time came in the first quarter of 2022.
It's the first time in 12 quarters the country has logged negative growth. The previous time came in the first quarter of 2022.
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Summary
First quarter GDP of US decreased by 0.3%, marking first negative growth in 12 consecutive quarters since Q1 2022.
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ID: 3ea7cc6a-8ad5-4a7e-b9b5-eb938f47877c
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250501_02/
Date: May 1, 2025
Created: 2025/05/01 07:00
Updated: 2025/12/08 04:30
Last Read: 2025/05/01 13:53