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.
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the "advance" estimate released by the U.S. Bureau of Economic A
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
“When households are increasingly willing to empty their wallets for non-discretionary items in recreational categories, it’s usually a vote of confidence in the health of the economic expansion,” said Mike Reynolds, vice president of investment strategy at Glenmede.
US economic growth slowed in the fourth quarter, but robust domestic demand will probably keep the Federal Reserve on a slow interest rate cut path this year.
U.S. GDP increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter
Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.
U.S. economic growth decelerated in the fourth quarter, but still grew at a solid rate, powered by an uptick in consumer spending.
This, in turn, suggests that the path of least resistance for the Gold price remains to the upside. Hence, any corrective pullback might still be seen as a buying opportunity and remain limited. The market focus now shifts to the European Central Bank (ECB) policy meeting,
Markets in Indian are poised to open with an upside, amid firm global cues, as investors track the start of the Budget session with the presentation of the Economic Survey today
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on the economic indicators here.