What was a key factor in the economic slowdown in Q1 2025?

What was a key factor in the economic slowdown in Q1 2025?

  • Correct Answer: Increased consumer spending
  • Winter storms
  • Lower unemployment
  • Reduced tariffs

Explanation: A 50.9% surge in imports, driven by tariff anticipation, contributed to a -0.3% GDP contraction in Q1 2025, per BEA.

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