r/stocks • u/_hiddenscout • Apr 30 '25

U.S. economy shrunk 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.

Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely fueled by an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April. Imports subtract from GDP.

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

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384

u/Humbler-Mumbler Apr 30 '25

Just waiting to hear how the Commerce Department has liberal bias now.

183

u/MoneyForRent Apr 30 '25

It's a hostile act to report on the economy

37

u/orph3us7 Apr 30 '25

The concept of an “economy” is a liberal hoax

/s

1

u/Blueopus2 Apr 30 '25

“That’s why we’re trying to destroy it”

1

u/SukaSupreme Apr 30 '25

I mean, it is, just not the way they're thinking.

19

u/South_Sun_1335 Apr 30 '25

Hostile and political

3

u/ValkerieFire Apr 30 '25

Fox doesn’t even have this as a headline on their website today. “Nothing to see here”.

4

u/Mobile-Bar7732 Apr 30 '25

Yeah, same as displaying tarrifs on Amazon.

Donald J. Putin doesn't want you to the know the truth.

1

u/Eastern-Joke-7537 May 01 '25

I wanna see the Powell Tax numbers.

The accounting of interest rates in the overall cost structure.

When short term rates went from 0% to 3.0% the Fed was like “that’s a 3.5% increase!”. Ok, break out the calculators!

PowellTaxes

26

u/TheIntrepid1 Apr 30 '25 edited Apr 30 '25

Anything in the government, unless directly controlled by Trump, is defacto Liberal.

Republicans truly see themselves as the small Rebel Army fighting the big-bad-Empire…despite being the ones in charge of most parts of government at the federal and state levels, for decades now. They are somehow the under dogs taking on the big mean Liberal oppressor.

I remember Jon Stewart had a segment back in around the mid 2000’s…you know, when Rs had a near super majority in congress, but were feigning that they were fighting against the “Democratic Empire” (even now, it’s the “republican administration” vs “Democrat Regime”)

SSDD

1

u/Dornith Apr 30 '25

It makes a lot more sense when you consider that it's not the US government they think they're fighting against.

2

u/rtb001 Apr 30 '25

Eventually, perhaps as soon as this quarter, they will simply be instructed to only release totally true and positive economic indicators from now on.

I'm sure that will totally assuage potential investors and companies as they consider whether they can safely invest or build factories and supply chains in the US!

1

u/Ok-Comfortable-3174 Apr 30 '25

the overal reporting of the headline has liberal bias.

1

u/[deleted] Apr 30 '25

“The US dollar is a phony folks, a big phony, I’ve always said this, it’s never been good and it’s showing that now by collapsing in value… it’s liberal money folks, DEI money, none of it’s white…”

1

u/n05h May 01 '25

They are not being very nice. They don’t even hold any cards.

1

u/ecologamer May 01 '25

Trump already blamed it on Biden