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 ...
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 ...
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes Effect of rate hikes ‘has been much weaker than the economics textbook would have predicted,’ according to ...
While the global economy braces for subdued growth in 2025, the United States and South Asia, particularly India, emerge as bright spots in an otherwise gloomy outlook. Listen to Story India and US ...
A risk-taking culture, geographic advantages, and strong consumer spending continue to drive US economic growth way ahead of ...
chief North American economist at Capital Economics. The sales figure was held down by a sharp drop at building materials stores and a small decline at restaurants. Otherwise, most types of retailers ...
That is down from 2.8% in 2024 but up from the 1.8% the bank forecast for this year back in June. The American economy has managed to thrive despite high interest rates. U.S. growth has been boosted ...
American consumers wrapped up the year in a ... rising wages are encouraging millions of consumers to spend, bolstering economic growth. Last Friday the government reported employers stepped ...
The American economy has managed to thrive despite high interest rates. U.S. growth has been boosted by strong consumer spending, an influx of immigrants who eased labor shortages and improvements ...
American Shoppers Wrap up the Year in a Spending Mood, Boding Well for the U.S. Economy American consumers wrapped up the year in a spending mood, buying all sorts of merchandise from furniture to ...