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.
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.
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.
Data: 2024 Was Another Solid U.S. GDP Growth Year Despite Slower 4Q
Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
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%.
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending.
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. 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.
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 ...
U.S. Economy Finished the Year on Strong Note, but Faces Hurdles
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
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 ...
Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second ...
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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 ...
French Economy Slightly Retreats in Q4 as Olympic Games Effect Wanes
(Reuters) - France's economy retreated slightly in the fourth quarter as the Paris 2024 Olympic Games effect waned, ...