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US GDP contracts by 0.5% in annualised terms in 1Q25 against +2.4% in 4Q24

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EEUU families

Posted By: The Corner 29th June 2025

Singular Bank | According to the BEA, in the final reading, GDP fell by 0.13% in quarterly terms in 1Q25 (against an increase of 0.61% in 1Q24). At the same time, in year-on-year terms, production growth stood at 1.99% (versus 2.53% in the last quarter of 2024) and in annualised terms contracted by 0.5% (against plus 2.4% in the previous quarter).

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.