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GDP goes negative

GDP goes negative

Why a surge in imports decimated the first-quarter GDP

Unhedged · Financial Times & Pushkin Industries

May 1, 202523m 18s

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Show Notes

The GDP contracted this past quarter – a turnaround from two years of surprisingly steady growth. Baked into that negative number are imports, as sellers rush to bring in goods ahead of tariffs. Today on the show, Rob Armstrong and Aiden Reiter dissect the GDP and what it tells us about the rapidly changing economy. Also they go long soyabeans and long blackouts. 


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You can email Robert Armstrong and Katie Martin at [email protected].


Read a transcript of this episode on FT.com


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