Urgent: U.S. economy shrinks more than earlier estimated-Xinhua

Urgent: U.S. economy shrinks more than earlier estimated

Source: Xinhua

Editor: huaxia

2025-06-26 21:04:30

WASHINGTON, June 26 (Xinhua) -- The U.S. economy shrank at an annual rate of 0.5 percent in the first three months this year, the U.S. Department of Commerce said on Thursday. This was down from a previous estimate of a 0.2 percent decline.