Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis.

Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA). They provide critical data on

The U.S. economy continued to grow in the final quarter of 2024, but at a slower-than-expected pace as a decline in investments offset strong consumer spending. Gross domestic product grew at an annualized rate of 2.

U.S. GDP increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter

EUR/USD continues to move sideways in a narrow channel above 1.0400 in the European session on Thursday after closing marginally lower on Wednesday. Investors await the European Central Bank's (ECB) policy announcements and the Gross Domestic Product (GDP) data from the US.

Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.

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%.

Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter.

The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.

Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is strong,

The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume cutting interest rates in 2025.