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US economy grows by 2.3% in 4th quarter and 2.8% in 2024
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 consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
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 of this past year was short of the expected 2.7% increase.
9h
on MSN
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. ...
1d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
4h
on MSN
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
10h
on MSN
U.S. Economy Grew Slower Than Expected Last Quarter—Weakest Q4 Since 2018
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
11h
Mexico's economy posts first quarterly contraction since 2021
Mexico's economy shrank more than expected in the fourth quarter on a sequential basis, preliminary data from national ...
The Economist
12h
Can Germany’s economy stage an unexpected recovery?
In the early 2000s, the complaints were similar...We missed that underneath the surface many things were changing,” says Jens ...
1d
Could a ‘nightlife manager’ help revitalize Providence’s after-dark economy?
The sector is a critical part of the city’s character, but revenue remains below pre-COVID levels and business owners say ...
13h
on MSN
European Central Bank Cuts Benchmark Rate by a Quarter Percentage Point to Boost Stagnant Economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
2d
on MSN
Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...
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