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.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.
U.S. GDP Grew 2.5% in 2024, but Slowed Slightly in Final Quarter
Consumer spending fueled growth, despite ongoing fears about inflation.
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.
U.S. economic growth slowed to 2.3 percent in late 2024
The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year, as businesses pulled back on investments and exported fewer goods overseas. Fresh government data this morning from the Bureau of Economic Analysis shows that the economy expanded at an annual rate of 2.
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%.
Economic Growth Likely Slowed in 2024’s Final Quarter
Economic growth proved surprisingly robust last year, but economists expect that momentum waned during the final three months of 2024.The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.
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 ...
Gold Hits Record High on Weak Dollar as Trump Tariff Risks Loom
Gold hit a new all-time high as the dollar pushed lower and traders sought safety amid concerns over President Donald Trump’s ...
Despite tariff threat, Mexico maintains GDP growth target of up to 3% this year
Mexico maintains a target for gross domestic product growth of between 2% and 3% this year, the finance ministry said on ...
US economy grows solid 2.3% from October to December, 2.8% for full year 2024
The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December. For the full year, ...
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US Gross Domestic Product, Fourth Quarter and Year 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November ...
HIRING CHILL
Greater Boston continues to see economic growth, with the state’s gross domestic product in the increase. Still, there are ...
Mexico's Economy Down 0.6% in Q4, Preliminary Estimate Shows
(Reuters) - Mexico's economy fell 0.6% in the fourth quarter from the previous three-month period, a preliminary estimate ...
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German gross domestic product in the 4th quarter of 2024 down 0.2% on the previous quarter
The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2024 compared with the third quarter of 2024 after ...
GDP Growth Closes Out 2024 at 2.3%, Slowing More Than Expected
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...