Q1 GDP Advance Estimate: Real GDP at -0.3%, Lower Than Expected
Published on April 30, 2025
The U.S. economy contracted for the first time in three years to start off 2025. The BEA"s advance estimate of real gross domestic product showed economic growth decreased at an annual rate of 0.3% in Q1 2025. The latest estimate was lower than the 0.2% forecast and lower than the Q4 final estimate of 2.5%.