Tag: Recession
U.S. Economy Shrinks and ADP Payroll Reports Comes In Way Below Expectations
Two Economic Articles Both Summarized by CNBC Article 1: https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html The U.S. economy shrank by 0.3% in the first quarter of 2025, sparking recession concerns as President Donald Trump’s second term begins amid escalating trade tensions. This unexpected contraction, reported by the Commerce Department, contrasts sharply with economists’ forecasts for 0.4% growth and marks a…