Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday ...
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 ...
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back ...
The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume cutting interest rates in 2025.
Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
U.S. economic growth slowed in the fourth quarter, but robust domestic demand will probably keep the Federal Reserve on a ...
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.