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

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.

“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.

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 economy grew at 2.3% rate in Q4 of 2024, slower than expected due to decline in investments. Tech companies' stocks mixed after earnings.

U.S. economic growth slowed in the fourth quarter as a strike at Boeing contributed to depressing business investment, but robust consumer spending probably keeps the Federal Reserve on a slow interest rate cut path this year.

Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions. The Republican has promised strong growth, high tariffs, income tax cuts and booming

The bureau said the updated report would also serve as a valuable resource for researchers and students. The rebased CPI is expected to improve the accuracy of economic data, offering item weights ...

Fourth quarter increases in consumer and government spending were partially offset by decrease in investment and imports.