Group 1 - The U.S. GDP contracted by 0.3% on a seasonally adjusted annual rate in Q1 2025, which was worse than market expectations, highlighting rising uncertainties due to government tariff policies [1] - In Q4 2024, the U.S. GDP grew by 2.4%, indicating a significant slowdown in economic momentum [1] - The contraction in Q1 2025 was primarily driven by a substantial increase in imports and a decrease in government spending, with net exports negatively impacting GDP by 4.83 percentage points [1] Group 2 - Personal consumption expenditures, which account for about 70% of the U.S. economy, grew by 1.8% in Q1 2025, down from 4.0% in Q4 2024, contributing 1.21 percentage points to economic growth [1] - Federal government spending decreased by 5.1%, which detracted 0.33 percentage points from economic growth [1] - Non-residential fixed investment increased by 9.8%, contributing 1.29 percentage points to economic growth, reflecting a positive investment trend despite overall economic concerns [1] Group 3 - The broad imposition of tariffs by the U.S. government has led to widespread concerns among economists and business leaders regarding the economic outlook [2] - The uncertainty created by tariff policies is causing businesses to delay investment decisions and contributing to a sharp decline in consumer confidence [2] - There are predictions that the U.S. economy may enter a recession in the second half of the year due to these factors [2]