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Strong consumption drives US GDP growth in 4th quarter
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.
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial supplies and consumer goods in anticipation of broad tariffs from President Donald Trump's new administration.
Strong consumption drives US GDP growth in fourth quarter
In the fourth quarter of 2024, US GDP grew at an annualised rate of 2.3 per cent, below consensus expectations . Growth was driven by strong consumer spending and
4Q GDP Grows at 2.3%, Jobless Claims Fall
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. 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 as investment fell on inventory declines.
US Economy: 4Q GDP Grows at 2.3%, Jobless Claims Fall
The US economy expanded at a solid pace in the fourth quarter with gross domestic product increasing an annualized 2.3%. Applications for US unemployment benefits declined by 16,000 to 207,000 last week,
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14h
GDP shows spenders keep spending despite high interest rates
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
11h
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
18h
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 ...
15h
GDP Report: Take a Look at Recent Growth Drivers
After this morning's first look at U.S. growth in October through December, here's a visual breakdown of what has boosted ...
15h
Why did GDP drop below 3%? Blame this.
The economy in the final three months of 2024 failed to match the 3% growth rate of the prior two quarters, but not because the U.S. is feeling lots of stress. So what happened? The production of ...
19h
Wall Street Lunch: GDP Falls Short Of Consensus
In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which ...
18h
U.S. GDP Grew 2.5% in 2024, but Slowed Slightly in Final Quarter
Consumer spending fueled growth, despite ongoing fears about inflation.
3h
GDP growth, inflation and more: The key takeaways from Economic Survey tabled by Nirmala Sitharaman
Finance Minister Nirmala Sitharaman today (31 January) tabled the Economic Survey 2024-2025 in Parliament. The annual ...
1d
EU Members of NATO Ready to Raise Defence Spending Beyond 2% of GDP, Costa Says
LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above ...
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