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US economy contracted 0.2% in first quarter - revised data

By Frank Prenesti

Date: Thursday 29 May 2025

(Sharecast News) - The US economy shrank in the first three months of the year quarter of the year, according to revised official data that confirmed the first contraction since 2022.


Gross domestic product shrank by 0.2%, according to the final estimate released from the Bureau of Economic...

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