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.
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The US economy grew at a slower pace in the fourth quarter, with the US Bureau of Economic Analysis (BEA) reporting GDP ...
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Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
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Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
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