Insight ReportUS and China Quarterly Economic Update, 1Q22: Supply Chain Challenges and Covid-19 Lockdowns Result in Troublesome First Quarter Coresight Research May 4, 2022 Reasons to ReadCoresight 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: June 2025 US Retail Sales Outlook: Projecting Solid Growth as Consumer Sentiment Continues to RecoverInnovator Profile: Lumi AI—Uncovering Hidden Value with Automated Data Intelligence2026 Sector Outlook: US Drugstore Retailing—Strong Volume Growth Amid Margin PressureUS CPG Sales Tracker: Jump in Food Sales Fuels Total CPG Growth