Three on Thursday - Real GDP in Q1 and Q2: Ignore the Whiplash

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Real (inflation-adjusted) GDP shrank in the first quarter of 2025—marking the first contraction since 2022—and instantly igniting partisan crossfire. In this week’s Three on Thursday, we cut through the political noise and dissect the real drivers behind the Q1 slump and assess whether the weakness is likely to persist or reverse in Q2.

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Posted on Thursday, June 12, 2025 @ 2:26 PM

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