(CNN)-12 𝙃𝙤𝙪𝙧𝙨 𝙖𝙜𝙤 (𝙒𝘼𝙎𝙃𝙄𝙉𝙂𝙏𝙊𝙉 𝘾𝙉𝙉).
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WashingtonCNN —
The US economy just had its worst quarter since 2022 as President Donald Trump’s significant policy changes unnerved consumers and businesses.
Gross domestic product, which measures all the goods and services produced in the economy, registered at an annualized rate of -0.3% in the first quarter, the Commerce Department said Wednesday.
That’s a sharp slowdown from the fourth quarter’s 2.4% rate, and much worse than the 0.8% rate economists projected. GDP is adjusted for seasonal swings and inflation.
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