U.S. GDP contracts 0.5% in Q1, misses expectations

U.S. gross domestic product (GDP) declined at an annual rate of 0.5% in the first quarter of 2025, missing the market forecast of a 0.2% contraction, according to data from the U.S. Bureau of Economic Analysis available on Investing.com. This marks a significant reversal from the previous quarter’s 2.4% expansion. The figure released today is the final estimate.