GDP Growth Closes Out 2024 at 2.3%, Slowing More Than Expected
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
Morning Bid: Megacaps mixed as Fed pauses; ECB cut and GDP up next
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
EU Members of NATO Ready to Raise Defence Spending Beyond 2% of GDP, Costa Says
LISBON (Reuters) - The 23 EU members who also belong to NATO are likely to agree to raise the defence spending target above ...
Here comes GDP: 4th quarter might show a slowdown, but not because the economy got weaker
The economy appeared on track to post a robust 3% annual growth rate in the final three months of 2024. [Then the December trade deficit spiked.]( ...
Get Set for the GDP Report: Take a Look at What Has Driven Recent Growth
Ahead of this morning's preliminary data on U.S. growth in October through December, here's a visual breakdown of what has ...
U.S. GDP Growth Slowed In Q4 2024 To 2.3% Due To Falling Inventories
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.
Why did GDP drop below 3%? Blame this.
The economy in the final three months of 2024 failed to match the 3% growth rate of the prior two quarters, but not because the U.S. is feeling lots of stress. So what happened? The production of ...
GDP Report Today: Here's How Growth Has Trended—And Where It Could Be Headed
Just how strong is the U.S. economy? We'll get fresh insight this morning, with growth data for the fourth quarter due at 8:30 a.m. ET. The report will likely show gross domestic product grew at a 2.5 ...
Saudi Arabia GDP grew 1.3% in 2024, govt estimate shows
Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the prior ...
Global GDP Faces 50% Loss Without Climate Change Action, Study Finds
Dr. Jesse Abrams from the University of Exeter said we are “grossly underestimating risk due to climate change and ...
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.