U.S. GDP contracts 0.2% in Q1, exceeds expectations

U.S. gross domestic product (GDP) declined at an annual rate of 0.2% in the first quarter of 2025, beating the forecasted 0.3% decline, according to data from the U.S. Bureau of Economic Analysis available on Investing.com. This marks a sharp reversal from the previous quarter’s 2.4% expansion. The GDP figure released today is the second estimate, with the final estimate to follow.