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.
The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak U.S. gross domestic product data. Markets turn cautious ahead of possible announcements by President Trump on tariffs,
Change in gross domestic product over time is perhaps the most comprehensive and widely cited indicator of overall economic health for any country or region. And by this measure, the U.S. has outperformed many of its peers on the world stage in recent years.
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
U.S. economic growth in the fourth quarter of 2024 fell short of economist estimates, according to a report released by the Commerce
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, nominal GDP might look stronger even though people aren’t buying more.
Mexico maintains a target for gross domestic product growth of between 2% and 3% this year, the finance ministry said on Thursday, noting there were no signs of a "permanent weakening" that could push the country into a recession.
Indonesia's additional budget of 100 trillion rupiah ($6.14 billion) for its programme to give free meals to school children this year will add nearly 2 percentage points to the country's growth, an aide to President Prabowo Subianto said on Friday.
The gross domestic product (GDP) fell by 0.2% in the fourth quarter of 2024 compared with the third quarter of 2024 after adjustment for price, seasonal and calendar variations. While household and government final consumption expenditure increased,
Greater Boston continues to see economic growth, with the state’s gross domestic product in the increase. Still, there are demographic and political hurdles ahead.
We broadly concur with the Survey's assessment of a pick-up in rural demand on the back of improved crop output, disinflation, and an uptick in domestic investment activity