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US economy grew 2.3% in 4th quarter, slower than expected
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. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
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.
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
21h
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 ...
6h
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 ...
23h
on MSN
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 ...
3h
Redefining ROI In An AI-Driven Economy: Predictions For 2025
While generative AI (GenAI) and other AI technologies have immense potential, businesses must look beyond conventional ...
16h
US GDP growth slows in Q4, but economy still 'remains strong'
The US economy grew at a slower pace in the fourth quarter, with the US Bureau of Economic Analysis (BEA) reporting GDP ...
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 ...
2d
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.
3h
Sterling set for fourth monthly loss as UK economy softens
The pound headed for a fourth monthly loss on Friday, increasingly under pressure from investor concern about the outlook for ...
13h
US economy finished the year on strong note, but faces hurdles
Growth slowed but remained resilient at the end of 2024, leaving the US economy on solid footing heading into a new year — ...
1d
on MSN
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
2d
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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