U.S. growth slowed at end of 2024, GDP shows

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.
U.S. economic growth probably slowed at the end of last year
U.S. economic growth was strong in 2024, but GDP probably slowed toward the end of the year, as households and businesses braced for new tariffs.
Import surge seen curbing US economic growth in fourth quarter
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, though strong domestic demand will probably keep the Federal Reserve on a shallow interest rate cut path this year.
US economic growth slows after sharp trade decline
Economic growth in the US slowed at the end of last year, as trade declined more sharply than expected and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.3% between October and December, down from 3.1% in the three months before, according to the US Commerce Department.
U.S. economic growth slowed to 2.3 percent in late 2024
The U.S. economy expanded throughout 2024, but growth slowed in the last three months of the year as businesses pulled back on investments and exported fewer goods overseas. Fresh government data this morning from the Bureau of Economic Analysis shows that the economy expanded at an annual rate of 2.
U.S. economic growth cooled at the end of 2024
This story incorporates reporting from Business Insider, Forbes and Barron’s on MSN.com.The U.S. economy experienced slower-than-expected growth in the final quarter of 2024. According to preliminary estimates from various economic analysts,
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 ...
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
The US economy just had another robust year
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Nasdaq, S&P, Dow observe limited moves as Q4 GDP growth comes in weaker than expected
Wall Street's major averages notice limited moves on Thursday, as the Q4 GDP growth came in weaker than expected, while ...
Europe’s economy showed zero growth at end of 2024 as eurozone’s biggest economy Germany struggled
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...