Economy Contracted 0.7 % in First Quarter, Partly Due to Rising Imports Mikael Thalen Posted on May 29, 2015 Posted in Aggregated No Comments Tagged with Economic Crisis Rising imports are partly to blame for a downward revisions in first-quarter real Gross Domestic Product, the Bureau of Economic Analysis says. Share this:Share Share on Facebook (Opens in new window) Facebook Share on Reddit (Opens in new window) Reddit Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn Email a link to a friend (Opens in new window) Email