According to GOBankingRates, the U.S. economy shrank by 0.3% in the first quarter of 2025, marking the first economic contraction since early 2022. This decline, slightly worse than the 0.2% drop economists had predicted, stands in stark contrast to the healthy 2.4% growth recorded in the final quarter of 2024. When gross domestic product (GDP) contracts, it means the total value of goods and…
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