First-Quarter GDP Halfway to Recession: Move to These Safe High-Yield Dividend Stocks Now
Briefly

The U.S. economy reported a GDP contraction of −0.3% for the first quarter, the first drop in three years, sparking discussions about a potential recession. Economists highlighted that this decline might have stemmed from increased imports before tariffs took effect and pointed out signs of sustained demand as final sales rose. Sectors often viewed as recession-resistant, such as consumer staples and healthcare, could offer stability during downturns. With dividends historically contributing significantly to market returns, investors are advised to consider high-yield stocks under current economic conditions.
The first report for U.S. GDP showed a contraction of −0.3%, marking the first decline in three years amidst increasing economic challenges.
Economists suspect we may have been in a stealth recession for over a year before this official contraction was reported, influenced by factors like tariffs.
Consumer staples, healthcare, utilities, telecommunications, real estate, and gold are identified as recession-resistant sectors, providing stability during economic downturns.
High-yield dividend stocks have historically been significant contributors to total returns, making them attractive during periods of economic uncertainty.
Read at 24/7 Wall St.
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