US economy shrank 0.5% in the first quarter, worse than earlier estimates

https://apnews.com/article/economy-tariffs-trump-gdp-shrink-86d1f15e66c646ac4ce88ffc0a956942

Comments

24 points · 2 comments · view on lemmy.world

2 Comments

gadfly1999@lemm.ee · 4 pts · 1y (1 reply)

Damn, usually the GOP can coast for a few quarters on the good economy the Dems hand over. Trump wasted no time fucking this up.

timbuck2themoon@sh.itjust.works · 2 pts · 1y

What's worse is this was when companies and people were ordering things before tariffs. To shrink while that was going on? Good God he fucked it up in record time.