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.

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

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.

Gross domestic product — the value of all goods and services produced across the economy — grew at a 2.3% annual rate, down from 3.1% in the third quarter, the Commerce Department estimated Thursday.

After the DeepSeek-induced ruction on Tuesday, Big Tech earnings reminded investors that it might be better to focus on companies already bringing in billions.

The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory investment.

The U.S. economy grew 2.5% last year, slower than in 2023 but still at a solid pace thanks to strong spending by American consumers buoyed by low unemployment.

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.

Consumer spending fueled growth, despite ongoing fears about inflation.

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.