First impressions are always important.
That's not just for dates or for your in-laws.
At the NPR Politics Podcast,
we know that first impressions are important for any presidential term, too.
So all this month, we're reviewing the first 100 days of Donald Trump's second stint,
what's been done, what's to come, and what might change.
Politics may not always make sense, but we'll sort it out for you over on the NPR Politics Podcast.
Live from NPR News in Washington, I'm Corva Coleman.
Stocks opened lower this morning as the Commerce Department reported a drop in economic output during the first three months of this year.
NPR's Scott Horsley reports the Dow Jones Industrial Average tumbled nearly 700 points in early trading.
It's not the economic report card the Trump administration was hoping for.
As the president marks 100 days in office this week,
the nation's gross domestic product shrank at an annual rate of 0.3 percent during the first quarter.
That drop was largely driven by a surge of imports as businesses and consumers raced to stock up before the president's tariffs took effect.
Imports are a negative for GDP.
Vending, which is the biggest driver of economic activity,
grew less than half as fast as during the previous quarter.
Other economic scorecards are also flashing warning signs.
The S&P 500 index is down sharply since Inauguration Day,
and consumer confidence has fallen to its lowest level since the start of the pandemic.