Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
Data: 2024 Was Another Solid U.S. GDP Growth Year Despite Slower 4Q Read More »
It was the second straight deceleration and fell well short of consensus forecasts, dampening hopes of Federal interest rate cuts.
U.S. GDP Slowed to 1.6% in 1Q: Weaker Than Expected Read More »
While the figure decelerated from 3Q23’s robust 4.9% growth, it easily topped forecasts and suggested continued economic resilience.
Advance: U.S. 4Q GDP Grew 3.3%, Topping Expectations Read More »
GDP growth was revised up from the 4.9% issued on Oct. 26.
2nd Estimate: U.S. 3Q Real GDP Jumped 5.2% Read More »
It dwarfs the 2.1% growth seen in 2023’s second quarter.
Advance: U.S. 3Q GDP Jumped to 4.9% Growth Read More »
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