<p>The United States shrank at a 1.5% annual rate during the first quarter of 2022, according to a Thursday report from the <a href="https://www.bea.gov/sites/default/files/2022-05/gdp1q22_2nd.pdf">Bureau of Economic Analysis</a>.</p>
<p>The dismal results — which represented the most severe drop since Gross Domestic Product (GDP) plummeted by 31.2% in the second quarter of 2020 — were worse than the 1.3% Dow Jones estimate and a write-down from the originally reported 1.4%, according to <a href="https://www.cnbc.com/2022/05/26/first-quarter-gdp-declined-1point5percent-worse-than-thought-jobless-claims-edge-lower.html">CNBC</a>.</p>

United States Economy SHRINKS In The First Part Of 2022

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Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

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U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
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Ep. 2737
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Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

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United States Economy SHRINKS In The First Part Of 2022