New reports have the U.S. economy heading into a bumpy road this summer. The GDP, the sum of the value of goods and services produced, fell point-three percent over last year.
Growth had originally been predicted by economists, but outlooks were revised to negative thanks to reaction to President Trump’s global tariffs. A separate report from payroll processor ADP showed job creation slowed to 62-thousand positions last month, about half of what economists were expecting.