U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported ...
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 ...
Gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through ...
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
U.S. companies also bulked up on inventory and exported fewer items, which cut into the GDP reading. “Time will tell if businesses are simply exhibiting temporary caution on equipment purchases ...
U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, ...