GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
U.S. GDP Grew 2.5% in 2024, but Slowed Slightly in Final Quarter
Consumer spending fueled growth, despite ongoing fears about inflation.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter was short of the expected 2.7% increase.
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
US economy grew at 2.3% rate in fourth quarter
The US economy grew at an annualised rate of 2.3 per cent in the fourth quarter, a weaker than expected end to a year dominated by the resilience of American consumers. Thursdays
Economy Grows Less Than Forecast in Fourth Quarter; Inflation Accelerates
The US economy grew at a slower-than-projected pace in the fourth quarter, while inflation sped up, according to an advance estimate released Thursday by the Bureau of Economic Analysis. Real gross domestic product in the world's largest economy rose at an annual rate of 2.
Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, though strong domestic demand will probably keep the Federal Reserve on a shallow interest rate cut path this year.
U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...
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Economy contracted 0.2 per cent in November: Statistics Canada
Statistics Canada says real gross domestic product decreased 0.2 per cent in November, the largest monthly contraction since ...
Dollar Recovers Amid Market Jitters Over Trump Tariff Threats
The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak ...
U.S. Economy Finished the Year on Strong Note, but Faces Hurdles
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Gross Domestic Product (GDP): Measuring the nation’s economic health
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...
U.S. Gross Domestic Product Jumps Less Than Expected In Q4
U.S. economic growth in the fourth quarter of 2024 fell short of economist estimates, according to a report released by the Commerce ...
Canadian economy regains momentum despite looming tariff threats
The Canadian economy showed signs of strength in the closing stages of 2024, due to a swift series of interest-rate reductions, amid looming 25% tariffs threatened by the Trump administration.
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These Fastest Growing Local Economies in Every State (Some Are Growing at 100%)
Change in gross domestic product over time is perhaps the most comprehensive and widely cited indicator of overall economic ...