US EditionU.S. gross domestic product rose 2.3% in fourth quarter, up 2.8% for 2024 as a whole
- U.S. Real Gross Domestic Product rose at an annual rate of 2.3% in the fourth quarter of 2024, according to the Commerce Department's Bureau of Economic Analysis .
- The BEA noted that increases in consumer spending and government spending were offset by lower investment and imports in the fourth quarter.
- For 2024 as a whole, real GDP increased by 2.8% compared to 2023, according to the BEA.
- Inflation, measured by the personal consumption expenditures index, was recorded at 2.4% in the fourth quarter of 2024, according to the BEA.
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Winnipeg Free Press+6 Reposted by 6 other sources
Statistics Canada set to release fourth quarter GDP report this morning
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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U.S. Economy Grows 2.3% in Q4 2024, Inflation Remains a Concern
The U.S. economy grew at an annualized rate of 2.3% in the fourth quarter of 2024, according to the Commerce Department’s February 27 report. This figure matched both initial estimates and market expectations but marked a slowdown from the 3.1% growth recorded in Q3 2024. For the full year, GDP expanded by 2.8%, slightly below […]
·Brazil
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U.S. gross domestic product rose 2.3% in fourth quarter, up 2.8% for 2024 as a whole
Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce Department's Bureau of Economic analysis second estimate Thursday.
·Washington, United States
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Total News Sources23
Leaning Left5Leaning Right2Center2Last UpdatedBias Distribution56% Left
Bias Distribution
- 56% of the sources lean Left
56% Left
L 56%
C 22%
R 22%
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