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GDP Preview: What to Expect in the First Quarter 2025 Report

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GDP Preview: What to Expect in the First Quarter 2025 Report

The first quarterly GDP report under Trump shows early economic impacts from anticipated tariffs, slowing productivity growth, waning factory construction, and heightened uncertainty about future growth, signaling a shift away from the pandemic recovery pattern and raising recession risks.

By Dean Baker

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Quarter 4 2023 GDP Byte

Quarter 4 2023 GDP Byte

GDP Grows 3.3 Percent in Fourth Quarter as Productivity Surge Continues The Commerce Department reported that GDP grew at a 3.3 percent rate in the fourth quarter driven by continued strength in consumption.

By Dean Baker