U.S. economy sputtered before trade pain hit: Bloomberg-Xinhua

U.S. economy sputtered before trade pain hit: Bloomberg

Source: Xinhua

Editor: huaxia

2025-05-03 10:22:17

The U.S. economy weakened even before the trade war took hold, with Q1 GDP projected to show a 0.4-percent annualized growth rate -- the weakest in nearly three years. Private investment is falling, and consumers are cutting back amid job fears, according to a Bloomberg report.

Produced by Xinhua Global Service

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