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.]( ...
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 ...
Early indications suggest the economy could be on track to sustain that momentum in the final three months of 2024. The Atlanta Fed’s real-time GDP estimator suggests growth at a 3.2% annualized ...
Opinions expressed by Forbes Contributors are their own. I cover real estate, economics and cost of living. The stock market has been beating back worries about an imminent recession. The Fed ...
The Bank of England (BoE) was already facing a tough decision at its next meeting on 5 May—how to quell inflation without scuppering the UK economy. GDP, employment, and inflation data this week ...
Tracking GDP over time helps a government make decisions ... Actual GDP is a measurement in real-time, meaning a specific interval, and shows what the state of the economy is at this very moment.
Sometimes the scorecard of the U.S. economy, known as GDP, tells the whole story. But not for the fourth quarter. The economy was stronger than it looked.
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...