The US economy has contracted by 0.3% in the first quarter, marking a significant shift in growth trends. This decline follows an impressive 11 consecutive quarters of economic expansion under President Biden. The recent downturn raises concerns as it signals the possibility of a recession if two consecutive quarters of negative growth occur. The impact of Trump’s tariff policies is also highlighted, suggesting a connection between these measures and the current economic challenges. Monitoring these developments is crucial for understanding the future trajectory of the US economy. For more insights, follow the conversation on Twitter.

BREAKING — US economy SHRANK 0.3% in first quarter

GDP goes DOWN under Trump and his tariff taxes — after 11 straight quarters of growth under Biden

Two straight quarters of decline in a row, and it will officially be a recession

— Tristan Snell (@TristanSnell) April 30, 2025

BREAKING — US economy SHRANK 0.3% in first quarter

The latest economic data has sent shockwaves through financial markets and households alike. Reports indicate that the **US economy SHRANK 0.3% in the first quarter** of the year. This decline raises eyebrows and questions about the current economic landscape. After a prolonged period of growth, this unexpected contraction has many wondering what lies ahead for American consumers and businesses.

GDP goes DOWN under Trump and his tariff taxes — after 11 straight quarters of growth under Biden

It’s crucial to understand the context of this economic downturn. Experts argue that the **GDP goes DOWN under Trump and his tariff taxes**. During Biden’s administration, the economy experienced **11 straight quarters of growth**, a signal of recovery following the pandemic. However, the recent figures paint a different picture. The tariffs imposed during the previous administration may be coming home to roost, affecting trade dynamics and economic stability. Many economists believe that these trade policies have contributed to the slowing economy, impacting everything from consumer spending to business investments.

Two straight quarters of decline in a row, and it will officially be a recession

Now, the burning question is: what does this mean for the future? If the economy experiences **two straight quarters of decline in a row**, it will officially be classified as a recession. This scenario is more than just an academic concern; it has real implications for jobs, wages, and overall economic health. People are understandably anxious about their financial future. Many are worried about job security and whether their savings will hold up in a recessionary environment.

The discussion around economic performance also highlights the broader political landscape. With midterm elections approaching, politicians will be keen to address these economic concerns. The narrative surrounding the economy often shapes voter sentiment, making it vital for leaders to respond effectively. The upcoming months will likely see a flurry of proposals aimed at boosting the economy and restoring consumer confidence.

As we navigate these uncertain times, it’s essential for consumers to stay informed and proactive. Whether it’s adjusting personal budgets or exploring new job opportunities, being prepared can make a significant difference. Understanding the implications of these economic shifts allows individuals to make better financial decisions for themselves and their families.

In the end, the economic landscape is always changing, and while the current news may seem grim, it’s important to remember that economies often rebound. The resilience of the American economy has been proven time and again, and while challenges lie ahead, there’s always hope for recovery.

Stay tuned for more updates on this evolving situation, as economists and policymakers work to steer the nation toward a more stable economic future.