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
“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.
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
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
US stocks gained steam on Thursday afternoon as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. Right ahead of the closing bell,
A barrel of Brent fell to USD76.26 early Friday from USD77.18 at the time of the London equities close on Thursday. An ounce of gold rose to USD2,794.27 from USD2,793.57. Gold rose as high as USD2,799.86 on Friday, its best level.
Gold gathered bullish momentum and rose more than 1% on Thursday. Gold continued to stretch higher and trades at an all-time peak near $2,800.
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.
The U.S. Treasury on Thursday said it was withdrawing from the network of central banks and regulators focused on curbing climate change.