Thursday, May 1, 2025

GET ME REWRITE: Once 'the envy of the world' in late 2024', Trump slams U.S. economy into reverse during his first 100 days

 
Headline:  CNN

Bryan Mena reports:
The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses. 
Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate of -0.3% in the first quarter, the Commerce Department said Wednesday. 
That’s a sharp slowdown from the fourth quarter’s 2.4% rate, and much worse than the 0.8% rate economists projected. GDP is adjusted for seasonal swings and inflation.  [emphais added]

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