US Economic Growth Slows in 4th Quarter
GDP: US economy grows at 2.3% annualized pace in fourth quarter, matching estimates
Projections show the economy growing at a steady pace in the current quarter, which ends in March. The Atlanta Fed GDPNow tracker currently projects the US economy is pacing for annualized growth of 2.3%. This is a breaking news post and will be updated with additional context.
US Economic Growth Slows in Fourth Quarter
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its second GDP estimate for the fourth quarter on Thursday.
The US economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024.
Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...
The Federal Reserve's preferred yardstick showed prices rising at a faster clip than initially reported, adding to the ...
The U.S. economy is beginning to show signs of a slowdown — and the situation is further complicated by President Trump’s ...
The Bureau of Economic Analysis reported that fourth-quarter GDP rose 2.3%, after rising 3.1% in the third quarter. Advertisement "The increase in real GDP in the fourth quarter primarily ...
The U.S. economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024, Bloomberg reports. Gross domestic product increased at an unrevised 2.3% ...
The outlook for the world’s largest economy is more muted, however. After expanding 2.8% in 2024, GDP is seen rising 2.3% this year as cooler job growth tempers consumer demand. Moreover, Federal ...
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