The U.S. economy unexpectedly shrank last quarter for the first time since 2020 as the trade deficit ballooned.
GDP fell at a 1.4% annualized rate as surging imports and softer inventory growth offset solid consumer demand https://t.co/RWKOwFU8S4 pic.twitter.com/SMtmB22NSQ
— Bloomberg TV (@BloombergTV) April 28, 2022
