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. 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.
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.
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.
US economy grows by 2.3% in fourth quarter and 2.8% in 2024
US economic growth slowed in the final quarter last year but still expanded at a solid pace, driven by consumer spending that will likely keep Federal Reserve interest rate cuts on hold. Gross domestic product,
U.S. economy ends 2024 with solid growth, up 2.8 percent for full year
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 and services — expanded at a 2.
Canada's GDP contracts by 0.2% in November, likely rebounded following month
Canada's economy contracted more than expected in November as activity across a majority of sectors shrank due to work ...
U.S. GDP Grew 2.5% in 2024, but Slowed Slightly in Final Quarter
Consumer spending fueled growth, despite ongoing fears about inflation.
Government Spending Distorts GDP
Government Expenditure & Investment has grown 4.08% annually since July 2022 while the underlying economy has grown at a 2.78 ...
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GDP shows spenders keep spending despite high interest rates
Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...
Despite tariff threat, Mexico maintains GDP growth target of up to 3% this year
Mexico maintains a target for gross domestic product growth of between 2% and 3% this year, the finance ministry said on ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
GDP Report: Take a Look at Recent Growth Drivers
After this morning's first look at U.S. growth in October through December, here's a visual breakdown of what has boosted ...
Why did GDP drop below 3%? Blame this.
The economy in the final three months of 2024 failed to match the 3% growth rate of the prior two quarters, but not because the U.S. is feeling lots of stress. So what happened? The production of ...
EU members of NATO ready to raise defence spending beyond 2% of GDP, Costa says
The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above the current 2% of ...
Tourism industry regains 5% GDP contribution in FY23: Economic Survey
The tourism industry regained its 5 per cent contribution to the gross domestic product (GDP) in FY23, the Economic Survey ...