GDP is a worthless calculation. It goes down as imports increase, it goes up as government spending does, and it increases not due to productivity, but if production of any kind has happened. In other ...
US markets collapsed on Wednesday after fresh economic numbers showed GDP dropped 0.3% in the first quarter of 2025, raising the chances of a recession to 74%, based on investor sentiment and Wall ...
The Q1 GDP number, despite being negative, indicates strong demand as it was driven by a spike in imports due to increased consumer and business spending. Excluding the impact of net exports and ...
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