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Here's what to know as new report shows the U.S. economy shrinking

Here's what to know as new report shows the U.S. economy shrinking

New numbers show the U.S. economy got smaller in the first three months of 2025. It's the first time it's happened since the pandemic. Many economists blame President Trump's tariffs for the decline in GDP, but the president said it's not his fault. CBS News' Weijia Jiang has more.

Economy of the United States US GDP Growth

GDP Growth of United States | Economic Analysis

GDP Growth of United States | Economic Analysis

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Understanding economic growth | AP Macroeconomics | Khan Academy

Understanding economic growth | AP Macroeconomics | Khan Academy

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USA GDP History 1960–2024 | Animated Chart & Waving Flag | How America Became Rich

USA GDP History 1960–2024 | Animated Chart & Waving Flag | How America Became Rich

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MoneyWatch: Poll shows Americans think U.S. economy headed for recession

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Economy of the United States US Trade War

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