Consumer spending fueled growth, despite ongoing fears about inflation.
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November ...
The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume ...
Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, ...
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
Photo: Matt Rourke/AP/Michael Brochstein/Zuma Press/Jose Luis Magana/AP President Trump was elected with a mandate to restore broad economic prosperity, but Thursday’s fourth-quarter GDP report ...
The economy appeared on track to post a robust 3% annual growth rate in the final three months of 2024. [Then the December trade deficit spiked.]( ...
Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...
"This was a decent fourth quarter GDP print that highlighted rock-solid consumer spending and a sustainable economic expansion that should carry on into the first half of this year," economist ...
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
GDP accelerated at a 2.3% annualized pace in the fourth quarter, the Commerce Department said. Economists surveyed by Dow Jones had been expecting an increase of 2.5% after growth of 3.1% in the ...