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![KobeissiLetter Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3316376038.png) The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 948.8K followers
Created: 2025-06-26 15:07:00 UTC

BREAKING: US Q1 2025 GDP was revised down by XXX percentage points, to -0.5%, confirming the first quarterly contraction since Q1 2022.

Personal consumption was revised lower by XXX percentage points, to +0.5%, making this the weakest quarter since the 2020 pandemic.

This also marked the second downward revision after the -XXX percentage point revision on May 29th.

As a result, consumer spending contributed just XXXX% to the GDP print, down from XXXX% in Q4 2024.

Meanwhile, the Core PCE Price Index was revised up by XXX percentage point to +3.8%.

Tariffs are shifting the US economy.

![](https://pbs.twimg.com/media/GuYAmWmXkAA6nSw.png)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1938252663717507224/c:line.svg)

**Related Topics**
[economic downturn](/topic/economic-downturn)
[gdp](/topic/gdp)

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