The figure contrasts with the increase of 2.4% annualized the previous quarter, since companies rushed to import goods by the Arancles War.
The internal gross product (GDP) of the United States (USA) fell to an annualized rhythm of 0.5% in the first quarter of 2025according to the commercial department of that country. This is the first negative result from the first quarter of 2022, when the economy had dropped 1%.
This way, The figure contrasts with the annualized 2.4% increase Registered in the last three months of 2024 and with the previous estimate, of -0.2%, made last month.
The impact of tariffs on the American GDP
The final result was impacted by the 37.9% of imports motivated by the potential Donald Trump tariffs. The companies rushed to buy supplies from abroad before the Government advanced with new measures.
“The decrease in real GDP in the first quarter was mainly reflected in an increase in imports, which remain in the calculation of GDP, and a decrease in government expenditure. These movements were partially compensated by increases in investment and consumer spending,” he explained in the press release.
“The Royal GDP was reviewed down 0.3 percentage points from the second estimate, mainly reflecting downward reviews in consumer spending and exports that were partially compensated by a downward review in imports,” he added.
After the announcement, the analysts of JP Morgan They commented that “the impact of stagflation derived from high tariffs is a negative factor for this year’s GDP growth.” “The risk of recession is still high,” they said.
News in development.
Source: Ambito
