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. 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.
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. 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 economic growth slows despite consumers spending more
Economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.3% between October and December, down from 3.1% in the three months before, according to the US Commerce Department.
U.S. economic growth probably slowed at the end of last year
U.S. economic growth was strong in 2024, but GDP probably slowed toward the end of the year, as households and businesses braced for new tariffs.
U.S. Economic Growth Slows More 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
US economic growth slows after sharp trade decline
Economic growth in the US slowed at the end of last year, as trade declined more sharply than expected and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.
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 ...
Jacksonville's economic growth poised to continue in 2025 as key sectors and partnerships thrive
Jacksonville's economic future is promising. Learn why experts are optimistic about 2025, despite challenges, and which ...
Marketplace5h
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 ...
Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...
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 ...
Business Times3h
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 ...
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 ...
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 ...