Real GDP growth in the fourth quarter was short of the expected 2.7% increase.

Consumer spending remains positive and was the major driver of GDP growth in 2024. It will be important to watch for signs of ...

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...

Today’s median 2.7% nowcast has been revised up from the 2.4% estimate published on Jan. 14. The upgrade at this late date for Q4 estimates suggests a relatively confident outlook that Thursday’s ...

Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...

(Bloomberg) -- The US economy expanded at a ... Inflation-adjusted gross domestic product increased an annualized 2.3% in the fourth quarter after rising 3.1% in the prior three-month period ...

Growth was driven mostly by household consumption, which rose at an annualised rate of 4.2 per cent in the fourth quarter — well above consensus expectations of a 3.2 per cent rise, and above the ...

The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...

The US economy grew ... "Yes, the headline GDP number for the fourth quarter was a little bit lower than expected. But, if you average the four quarters, 2.5%, still strong growth in consumer ...

The deterioration in the goods trade deficit reported by the Commerce Department on Wednesday raises the risk of a sharper slowdown in gross domestic product growth in the fourth quarter than ...