U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth as investment fell on inventory declines.
GDP: US economy grows at slower-than-expected pace in fourth quarter
The latest reading on US economic growth and inflation comes as investors debate when, or if, the Federal Reserve will resume cutting interest rates in 2025.
Indonesia's Q4 GDP at 5%, in line with poll forecast
Indonesia's economy grew 5.02% in the final quarter of 2024 from a year earlier driven by household spending and investment, official data showed on Wednesday, close to analysts' forecasts and little changed from the rate in the previous quarter.
2024 Hong Kong GDP growth slows to 2.5%
Hong Kong's economic growth slowed to 2.5 percent in 2024, the city's government said Monday, adding that the outlook for the year ahead was dimmed by "heightened uncertainties." The Chinese financial hub saw a post-pandemic rebound in 2023 after the city reopened to international business and travel but lost some momentum as China's economic slowdown deepened.
Hong Kong economy grows by 2.5% in 2024, in line with forecasts
Hong Kong’s economy grew by 2.5 per cent in real terms last year, easing from 3.2 per cent expansion in 2023, preliminary figures released on Monday showed. Advance figures by the Census and Statistics Department also showed gross domestic product (GDP) in the fourth quarter grew by 2.
Hong Kong Q4 GDP expands 2.4% y/y, slightly faster than forecast
Hong Kong's economy grew 2.4% in the fourth quarter from a year earlier, expanding for an eighth quarter, official advance estimates showed on Monday.
Japan Q4 GDP seen growing despite weak consumption - Reuters poll
Japan's economy probably expanded in the final three months of 2024 marking a third quarter of consecutive growth, a Reuters ...
USA Today7d
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
"This was a decent fourth quarter GDP print that highlighted rock-solid consumer spending and a sustainable economic expansion that should carry on into the first half of this year," economist ...
Q4 2024 Economic Update
Consumer spending remains positive and was the major driver of GDP growth in 2024. It will be important to watch for signs of ...
US economy grew 2.3% in the fourth quarter, slower than expected
The U.S. economy grew at a rate of 2.3% in the fourth quarter of 2024, according to a new estimate released by the Commerce Department's Bureau of Economic Analysis.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter was short of the expected 2.7% increase.
Wall Street Journal6d
Trump Inherits a So-So Economy
Photo: Matt Rourke/AP/Michael Brochstein/Zuma Press/Jose Luis Magana/AP President Trump was elected with a mandate to restore broad economic prosperity, but Thursday’s fourth-quarter GDP report ...
Yahoo Finance7d
Tepid Q4 GDP could spur more Fed rate cuts, market expert says
STORY: Fourth-quarter GDP grew at rate of 2.3%, slower than economists polled by Reuters had expected. "I think the Federal Reserve, even based on the comments made yesterday by Chairman Powell ...
Marketplace6d
Consumer spending was — once again — key to GDP growth last quarter
Economic growth came in pretty strong for the fourth quarter. GDP rose at an annual rate of 2.3%. And consumer spending rose ...