Tag: GDP
US Retail Spending Slows in April Amid Tariff Concerns
In a sign that consumer demand may be fraying around the edges, U.S. retail spending slowed sharply in April to just 0.1% after a surge [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
German Industrial Output Rises, But Exports Decline
German industrial output increased in January, but exports plunged, highlighting the challenges facing the incoming government as it attempts to revive the euro zone’s largest [more…]
Trump’s Tariffs: Goldman Sachs Warns of EU Economic Woes
President-elect Donald Trump’s proposed protectionist policies, particularly his pledge to impose steep tariffs on imported goods, are casting a shadow over Europe’s economic outlook. Investment [more…]
