U.S. GDP Grew 2.5% in 2024
The U.S. economy grew last year at a solid clip, boosted by American consumers who just kept spending.U.S. gross domestic ...
ECB Delivers Another 25 bp Cut
The ECB (European Central Bank) continued policy normalisation today, with another 25 basis points (bps) worth of cuts across all three benchmark rates. This marks the fourth consecutive rate ...
U.S. Economy Grew Slower In Fourth Quarter, But Still Solid
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending. ...
US economy ends 2024 in solid position
The US economy expanded at a 2.3% annualized rate in Q4. Growth was held back by a slower stockpiling in inventories, but boosted by solid consumer spending, both of which may partially reflect a pull ...
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 ...
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
Here comes GDP: 4th quarter might show a slowdown, but not because the economy got weaker
The economy appeared on track to post a robust 3% annual growth rate in the final three months of 2024. [Then the December trade deficit spiked.]( ...
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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 ...
Strong consumption drives US GDP growth in fourth quarter
Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...
In numbers and charts: A history of India’s Budgets since 1947
Over the years, various governments have tried to strike a balance between economic growth and social equality through ...
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 ...