Consumer spending remains positive and was the major driver of GDP growth in 2024. It will be important to watch for signs of decelerating consumer spending for its impact on US growth but for now, ...
"This was a decent fourth quarterGDP print that highlighted rock-solid consumer spending and a sustainable economic expansion that should carry on into the first half of this year," economist ...
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.