The American economy contracted by 0.2 percent in 2025’s first quarter, compared to 2.4 percent growth in 2024’s final three months. It was the first quarterly contraction since 2022.
Tag: Consumer Spending
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RETAIL REAL ESTATE BOOM FLATLINES
In the wake of the COVID War, brick-and-mortar retail rebounded and so did the demand for store space.
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RESTAURANT HOLDING COMPANY’S EARNINGS MISS EXPECTATIONS
Restaurant Brands International, which owns Burger King, Firehouse Subs, Popeye’s, and Tim Horton’s, reported first-quarter revenue of $2.11 billion, slightly short of the $2.13 billion analysts had foreseen.
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SOUTH KOREA’S ECONOMY CONTRACTS AS CONSUMERS CUT SPENDING
South Korea’s export-dependent economy puckered by 0.2 percent in this year’s first quarter, compared to the final quarter of 2024, and shrank by 0.1 percent against last year’s first three months.
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INFLATION RISES TO 2.8 PERCENT IN FEBRUARY
The core Personal Consumption Expenditures Index, the inflation measure the U.S. Federal Reserve watches most closely, rose to 2.8 percent in February compared to 2.4 percent in January, according to the Bureau of Labor Statistics.
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EUROPE’S EQUITY MARKETS SKYROCKET IN “HISTORIC” RALLY
As American stock markets stumble under weak consumer spending, waning business confidence, and Donald Trump’s chaotic tariff policies, Europe’s equities are staging what Bloomberg calls a “historic” surge.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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CLOSELY-WATCHED INDICATOR SLIPS IN FEBRUARY
The Conference Board’s Leading Economic Index (LEI) sank 0.3 of a percentage point last month, compounding January’s decline of 0.2 percent.
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SPOTLIGHT: RECESSION WATCH
As analysts read the economic entrails of last week’s market slide, one stock index shows a clear warning of a recession, economists told The Wall Street Journal.
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SO FAR, TRUMP STRATEGY WEAKENS U.S., BOOSTS EUROPE
U.S. investors greeted Donald Trump’s re-election with joy, anticipating tax cuts, fewer regulations, and soaring profits. Stock prices climbed even further beyond the value of companies’ future earnings. The difference between stock prices and the price of government bonds widened to its greatest in 20 years.
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