Real US GDP decreased at an annual rate of 0.5 per cent in Q1 2025, according to the third estimate released by the Bureau of Economic Analysis.
In Q4 2024, real GDP increased by 2.4 per cent.
Real US gross output increased by 0.6 per cent, while real gross domestic income increased by 0.2 per cent in Q1 2025.
Profits from current production decreased by $90.6 billion during the quarter.