U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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 economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
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 ...
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
Shoppers Keep Powering U.S. Growth
Spending on personal consumption rose at a 4.2% annualized pace between October and December, the fastest quarterly growth ...