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 in goods.
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.
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 as investment fell on inventory declines.
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump White House.
US economic growth slows despite consumers spending more
Economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.3% between October and December, down from 3.1% in the three months before, according to the US Commerce Department.
US economy ends 2024 with 2.3% GDP growth, boosted by consumer
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory investment.
US economy grows by 2.3% in fourth quarter and 2.8% in 2024
US economic growth slowed in the final quarter last year but still expanded at a solid pace, driven by consumer spending that will likely keep Federal Reserve interest rate cuts on hold. Gross domestic product,
U.S. economy ends 2024 with solid growth, up 2.8 percent for full year
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.
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 ...
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.
Redefining ROI In An AI-Driven Economy: Predictions For 2025
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
The Financial Express1h
Economic Survey 2025 Live Updates: CEA Anantha Nageswaran bets on boost to growth, consumption and innovation!
Budget 'State of the Economy' Document Live Updates: President Droupadi Murmu, while addressing the Budget Session of the ...
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 ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
Business Times11h
US economic growth steady in 2024 as Trump takes office
THE US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed on Thursday ...
These policies could 'dent' US economic growth in 2025
The Federal Reserve maintained steady interest rates in January amid slowing inflation progress and uncertainty surrounding ...