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 ...
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 ...
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 ...
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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 ...
Wall Street Lunch: GDP Falls Short Of Consensus
U.S. GDP growth slowed to 2.1% in Q4, with consumer and government spending offset by a decline in investment and rising ...
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Shoppers Keep Powering U.S. Growth
Spending on personal consumption rose at a 4.2% annualized pace between October and December, the fastest quarterly growth ...
Nasdaq, S&P, Dow observe limited moves as Q4 GDP growth comes in weaker than expected
Wall Street's major averages notice limited moves on Thursday, as the Q4 GDP growth came in weaker than expected, while ...