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.
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.
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.
Consumer spending was — once again — key to GDP growth last quarter
Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose 4.2%.
US GDP growth slows in Q4, but economy still 'remains strong'
The US economy grew at a slower pace in the fourth quarter, with the US Bureau of Economic Analysis (BEA) reporting GDP (gross domestic product) to have risen by 2.3%. This was below original forecasts of 2.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
U.S. Q4 Economic Growth Slows to 2.3%, Below Expectations
The U.S. economy grew at a 2.3% annualized pace in Q4 2024, slightly below expectations of 2.5%, according to the Commerce Department. GDP growth for the full year was 2.8%, down from 2.9% in 2023. Consumer spending remained robust,
US economy ends 2024 with 2.3% GDP growth, boosted by consumer
The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory investment.
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
Key Takeaways The U.S. economy grew at an inflation-adjusted annual rate of 2.3% in the fourth quarter, a slowdown from 3.1% in the third quarter but still a healthy pace.Importantly for the economy's trajectory,
U.S. GDP Grew 2.5% in 2024, but Slowed Slightly in Final Quarter
Consumer spending fueled growth, despite ongoing fears about inflation.
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