The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
WASHINGTON (Reuters) -The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump ...
U.S. economic growth rebounded in the first quarter of 2026, boosted in part by a recovery following the previous quarter’s ...
The consensus forecast among economists surveyed by FactSet was for growth of 2.3% in the first quarter.
First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with ...
Gross domestic product grew at a 2% annual rate in the first quarter, adjusted for inflation, the Bureau of Economic Analysis ...
Gross domestic product shrank at a revised 0.5%% annual rate in the first quarter, the government’s second update showed. Previously GDP was reported to have contracted by 0.2%. GDP is the official ...