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 ...
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 ...
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U.S. economy ends 2024 with solid growth, up 2.8 percent for full year
The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.3 percent annual rate from October through December. For the full ...
Don’t expect rate cut by Fed in January
The US economy remained at a comfortable cruising speed in the final stretch of 2024, powered by healthy consumer spending ...
Treasury yields inch higher as investors await Fed’s preferred inflation gauge
U.S. Treasury yields inched higher on Friday as investors awaited the latest inflation reading as well as other economic data.
How AI could grow U.S. out of federal debt problems
AI could raise productivity growth from 0.8 to 1.5 percentage points a year. That rivals the boosts we got from the ...
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Economy Grows Solid 2.3% From October to December
The Commerce Department reported Jan. 30 that gross domestic product — the economy’s output of goods and services — expanded ...
US Economy Ends 2024 With 2.3% GDP Growth on Consumer Resilience
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more ...
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Stocks dive to lowest in nearly 15 months
The local stock market suffered another crushing blow, plunging to its lowest level in almost 15 months following the US Federal Reserve’s decision to keep interest rates unchanged and a ...