Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
Consumer spending fueled growth, despite ongoing fears about inflation.
Real GDP growth in the fourth quarter was short of the expected 2.7% increase.
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...
The second busiest week of earnings season includes four of the Magnificent 7. Chair Powell’s comments will be more important ...
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product—the economy’s output of goods ...