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. For the full year, ...
But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
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 ...
Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...
WASHINGTON (AP) — 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 ...
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Realty, Oil & gas and healthcare shares advanced while consumer durables, media and IT stocks corrected. Trading was volatile due to the monthly Nifty 50 F&O series expiry today.
In December, the government said that the U.S. economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports. GDP growth has ...
The price of chicken wings, one of the most popular game-day items, rose by 7.2% amid growing demand, according to a recent ...
The U.S. economy is on solid footing, according to a new survey from the nation’s leading economists, who are also keeping a ...