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. 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 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.
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.
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
Portugal's economic growth in 2024 beats government's forecast
Portugal's economic growth accelerated to 1.5% in the fourth quarter after growing a revised 0.3% in the previous three months, pushing full-year growth to 1.9%, slightly above the government's forecast,
US economy grew at 2.3% rate in fourth quarter
The US economy grew at an annualised rate of 2.3 per cent in the fourth quarter, a weaker than expected end to a year dominated by the resilience of American consumers. Thursdays
U.S. Economy Grew Slower Than Expected Last Quarter—Weakest Q4 Since 2018
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
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 ...
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 ...
Trump's Pro-Growth, Anti-Trade Positions Are on a Collision Course
At last week's World Economic Forum in Davos, Switzerland, President Donald Trump mixed compelling pro-growth talking points ...
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 ...
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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 ...
Oroville council member seeks economic growth for small town
Council Member Shawn Webber is actively pursuing initiatives to foster economic growth in Oroville, focusing on ...
Nasdaq, S&P, Dow observe limited moves as Q4 GDP growth comes in weaker than expected
Wall Street's major averages notice limited moves on Thursday, as the Q4 GDP growth came in weaker than expected, while ...
The US economy just had another robust year
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.