Economy Shrinks 0.3% in Q1, the First Drop in Three Years
Trains at a rail yard in Atlanta. (Megan Varner/Bloomberg) The U.S. economy shrank 0.3% from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs. The January-March expansion was the ...more