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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 was short of the expected 2.7% increase.
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%.
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.
Economy Grows Less Than Forecast in Fourth Quarter; Inflation Accelerates
The US economy grew at a slower-than-projected pace in the fourth quarter, while inflation sped up, according to an advance estimate released Thursday by the Bureau of Economic Analysis. Real gross domestic product in the world's largest economy rose at an annual rate of 2.
3d
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 ...
Opinion
businessday
1h
Opinion
Nigeria’s GDP Rebasing: A case for the simplification of the land registration process
The National Bureau of Statistics (NBS) has announced that it is going to rebase Nigeria’s gross domestic product (GDP) and ...
6h
Spain Raises 2025 Economic Growth Forecast to 2.6%
MADRID (Reuters) - The Spanish government raised its 2025 gross domestic product growth forecast to 2.6% from a previous 2.4% ...
9h
With Trump’s Backing Uncertain, Europe Scrambles to Shore Up Its Own Defenses
European leaders will gather Monday to plot a rough path forward on defense. Wavering support from President Trump is likely ...
3d
on MSN
Every Wall Street Analyst Covering Nvidia Stock Expects It to Head Higher -- Here's Why They May Be Wrong
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones ...
24/7 Wall St
3d
These Fastest Growing Local Economies in Every State (Some Are Growing at 100%)
Change in gross domestic product over time is perhaps the most comprehensive and widely cited indicator of overall economic ...
2d
Dollar Recovers Amid Market Jitters Over Trump Tariff Threats
The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak ...
4h
Hong Kong economy grows by 2.5% in 2024, in line with forecasts
Hong Kong’s economy grew by 2.5 per cent in real terms last year, easing from 3.2 per cent expansion in 2023, preliminary ...
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