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US economy grew 2.3% in 4th quarter, slower than expected
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
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 consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
U.S. growth slowed at end of 2024, GDP shows
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.
U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
Gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through December.
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. Fresh government data this morning from the Bureau of Economic Analysis shows that the economy expanded at an annual rate of 2.
39m
on MSN
Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
4h
on MSN
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 ...
10h
Mexico's economy posts first quarterly contraction since 2021
Mexico's economy shrank more than expected in the fourth quarter on a sequential basis, preliminary data from national ...
The Economist
12h
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
1d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
4d
The economy's strong. Why are more Americans barely making credit card payments?
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
1d
Transportation Secretary Seeks Rollback of Biden’s Fuel Economy Standards
The order is the latest Trump administration effort against Biden-era initiatives that intended to promote electric vehicles ...
2d
Taiwan's Economy Ministry responds to Trump's threat of up to 100% tariffs on chips, including those from TSMC
Taiwan's government has been swift to respond to the talk of huge tariffs by the recently inaugurated 47th president of the ...
1d
on MSN
Things to know about the Trump administration order on car and pickup fuel economy
Duffy ordered his chief of the National Highway Traffic Safety Administration to “propose the rescission or replacement of ...
1d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
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