Mastodawn

“The US economy contracted in the beginning of the year at a much faster pace than previously reported, after new data factored in much weaker consumer spending.”

https://thereport.be/article/?app=breaking&u=https%3A%2F%2Fcnn.it%2F45GF9uf

A battery of new data shows how the US economy is holding up amid Trump’s tariffs

A deluge of economic data released Thursday should have provided a clearer picture of how the US economy is faring in the face of President Donald Trump’s massive policy shifts. But the latest numbers were a mixed bag, leaving economists still scratching their heads.

CNN

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Katie F 1d ago

@GottaLaff sounds like the estimates are finally catching up with my internal economic barometer.

The effect of Trump's first 60 days on my employers business was constant drama, and it seems to be snowballing.

I wonder how Q2 estimates will look, if my industry is any example, it will be even lower.

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lin11c 1d ago

@GottaLaff
I don't understand how the regime claims that inflation is going down. Food prices and rent are skyrocketing! More lies.