Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit in goods.
Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
U.S. economic growth in the fourth quarter of 2024 fell short of economist estimates, according to a report released by the Commerce
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Gold hit a new all-time high as the dollar pushed lower and traders sought safety amid concerns over President Donald Trump’s tariff measures.Most Read from BloombergManhattan’s Morning Commute Time D
Europe’s economy has stagnated at the end of last year as former growth engine Germany floundered to the end of a second straight year of shrinking output.
The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2024 compared with the third quarter of 2024 after adjustment for price, seasonal and calendar variations. While household and government final consumption expenditure increased,
(Reuters) - France's economy retreated slightly in the fourth quarter as the Paris 2024 Olympic Games effect waned, statistics agency INSEE said on Thursday in its quarterly gross domestic product (GDP) report.
WASHINGTON – 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 and services — expanded at a 2.3% annual rate from October through December.
Gross domestic product — the value of all goods and services produced across the economy — grew at a 2.3% annual rate, down from 3.1% in the third quarter, the Commerce Department estimated Thursday.
Poland's gross domestic product (GDP) expanded by 2.9 percent in 2024, marking a strong rebound from the modest 0.1 percent growth recorded in the previous year, according to preliminary estimates released by the Central Statistical Office (GUS) on Thursday.