The U.S. economy contracted by 0.3% in the first quarter of 2025—the first decline since early 2022—while core inflation accelerated, raising concerns about stagflation. 📉 Q1 2025 GDP Contraction: What Happened? GDP fell 0.3% on an annualized basis, reversing the 2.4% growth in Q4 2024. The primary driver was a 41.3% surge in imports as businesses rushed to stockpile goods ahead of President Trump's new tariffs, which subtracted over 5 percentage points from GDP. Consumer spending slowed to a 1.8% growth rate, down from 4% in Q4 2024, with durable goods spending declining by 3.4%. Federal government spending decreased by 5.1%, partly due to budget cuts implemented by the Department of Government Efficiency. Business investment rose by 21.9%, likely driven by preemptive purchases ahead of the tariffs. 📈 Inflation: Core PCE Re-Acceleration The core Personal Consumption Expenditures (PCE) price index —the Federal Reserve's preferred inflation me...
At Ladd Dental Group, we understand that the patient comes first. That is why we have ten convenient locations throughout North Central Indiana, accept dental emergency patients, are In-Network with almost all insurances, and have Friday hours available at most of our facilities! Give us a call today or stop by the office closest to you, and see what Ladd Dental Group has to offer! #PatientFirst #ConvenientDentistry #LaddDentalGroup #SmileOn