Insight Report 7 minutes PremiumUS and China Quarterly Economic Update, 1Q22: Supply Chain Challenges and Covid-19 Lockdowns Result in Troublesome First Quarter Coresight Research May 4, 2022 What's InsideCoresight Research’s Quarterly Economic Update report series keeps you up to date on the latest economic data from the US and China. In this report, we look at recently released data for the first quarter of 2022, which show GDP shrinkage in the US and further slowdown in growth momentum in China. We discuss the following key macroeconomic indicators: Changes in US GDP, industrial production and personal consumption expenditure Changes in China’s GDP, industrial production and per capita expenditure Click here to read the previous report in this series, from February 2022. Click here to read our latest report on key consumer indicators in the US, China and the UK—part of our Monthly Consumer Update series. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Shoptalk Spring 2025: Day Two—Next-Generation Search and the Leading Edge of Storytelling, from Influencers to Lived ValuesInflation Awareness Rises; Economic Sentiment Falls to Six-Month Low: US Consumer Survey InsightsMixed Signals—Economic Optimism Continues But Consumers Feel the Strain on Personal Finances: China Consumer Survey InsightsDownward Trend in Economic Expectations Ends: Weekly US Consumer Sentiment, Week 17, 2025—Infographic