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%.
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.
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 on Thursday 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.
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 ...
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 ...
CNBC Daily Open: What DeepSeek? Big Tech is already bringing in billions
After the DeepSeek-induced ruction on Tuesday, Big Tech earnings reminded investors that it might be better to focus on ...
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.
Indonesia's bigger free meals budget to add 2 pct points to growth, president's adviser says
Indonesia's additional budget of 100 trillion rupiah ($6.14 billion) for its programme to give free meals to school children ...
Gross Domestic Product (GDP): Measuring the nation’s economic health
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...
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 ...
HIRING CHILL
Greater Boston continues to see economic growth, with the state’s gross domestic product in the increase. Still, there are ...