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.
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.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter was short of the expected 2.7% increase.
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.
Strong consumption drives US GDP growth in fourth quarter
In the fourth quarter of 2024, US GDP grew at an annualised rate of 2.3 per cent, below consensus expectations . Growth was driven by strong consumer spending and
Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, though strong domestic demand will probably keep the Federal Reserve on a shallow interest rate cut path this year.
GDP: US economy grows at slower-than-expected pace in fourth quarter
The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume cutting interest rates in 2025.
How Workforce Development Boosts Career And Economic Growth
Workforce development stands out as a key benefit that have economic impacts in society and within businesses.
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 ...
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 ...
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 ...
How Trump’s new tariffs might impact the 2025 economy
Prior to the tariff announcement, Thurber said analysts anticipate 2.2% growth for the U.S. economy in 2025, and 2% in 2026, ...
India economy report predicts sluggish growth, pushes for more reforms
India's economy is likely to continue its sluggish pace of growth next fiscal year weighed down by global risks, according to ...
The World Economy Awaits Trump’s First Round of Tariffs
According to Tom Kloza, the global head of energy analysis at Oil Price Information Service, if fuel producers respond to the ...
What is 'GDP Growth Target'
GDP growth target is the expected rate of increase for a country's Gross Domestic Product (GDP). Governments and central banks set this target for a specific period. It is part of broader economic ...
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Economic Survey 2025 Live Updates: CEA Anantha Nageswaran bets on boost to growth, consumption and innovation!
Budget 'State of the Economy' Document Live Updates: President Droupadi Murmu, while addressing the Budget Session of the ...