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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.
18h
on MSN
Economy Exits 2024 on a Strong Note Amid Uncertainty Over Donald Trump’s Economic Agenda
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s ...
2h
on MSN
Syria’s Islamist rulers overhaul economy with firings, privatization of state firms
Syria's new Islamist leaders are undertaking a radical overhaul of the country's broken economy, including plans to fire a ...
20h
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.
The Economist
22h
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 ...
4h
on MSN
Japan’s Economy Faces Fallout From Trump’s China Tariff Threats
Japan’s economy risks taking another hit if US President Donald Trump slaps fresh tariffs on China, sparking a renewed ...
4h
India's economy forecast to grow 6.3%-6.8% in 2025/26, sources say
The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% ...
1d
Is China’s Economy Entering ‘Historical Garbage Time’? Part 1
China is suffering from deflation, devaluation, capital flight and the loss of foreign investment — all at the same time.
2d
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 ...
23h
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 ...
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.
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