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.
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. ...
U.S. economic growth slowed in the fourth quarter, but robust domestic demand will probably keep the Federal Reserve on a ...
31mon MSN
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
7hon MSN
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 ...
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
Mexico's economy shrank more than expected in the fourth quarter on a sequential basis, preliminary data from national ...
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
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