US first-quarter GDP revised lower on tepid consumer spending
Economy And Jobs,GDP,Tariffs,Consumers,Federal Reserve,Commerce Department
From the Center
AllSides Media Bias Rating: Center
The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive tariffs on imported goods.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
September Jobs Report Adds 29,000 Jobs, Less Than Expected
October 2nd, 2026
Headline Roundup
South Korea Pushes Back on Trump's $54B Alaska LNG Investment Claim
October 1st, 2026
.jpg.webp)
News
Tracking Trump’s Campaign Promises
AllSides Staff
October 2nd, 2026
.png.webp)
The Insight
The Insight: How Much Are Trade Battles Costing You?
AllSides Staff
September 11th, 2026
