US GDP News

US Economy Surges: Q4 2024 GDP Revised Upward to a Robust 2.4% Growth

The US GDP for Q4 2024 was revised up to 2.4%, driven by consumer and government spending, despite a drop in investment. Real GDI surged 4.5%, and corporate profits jumped $204.7 b...

US Economy Shows Resilience: GDP Climbs 2.3% in Q4 2024 Amidst Global Challenges

The US GDP grew by 2.3% in Q4 2024, matching expectations. Inflation rose slightly, with the PCE price index up by 2.4%. For 2024, the economy expanded by 2.8%, with inflation indi...

US Economy Surges: Q3 GDP Growth Revised Up to 3.1%

The US real GDP grew at an annual rate of 3.1% in Q3 2024, revised upward from 2.8%. The growth was driven by increased exports, consumer spending, and federal government spending,...