The economy grew at a 2.8% annual rate in the third quarter of this year, just under the 3% rate the quarter before, the Bureau of Economic Analysis reported Wednesday morning in a second estimate of ...

Real gross domestic product increased at an annual rate of 2.3% in Q4 2024, according to the second estimate. The latest estimate was consistent with the forecast and is slower than the Q3 final ...

The growth rate, driven mostly by an uptick in consumer spending, surprised most economists. Wealthy Americans currently account for an outsize portion of new spending.

The U.S. economy grew slower than expected in the fourth quarter, according to new data released on Thursday. The Commerce Department's Bureau of Economic Analysis (BEA) released its advance estimate ...

The economy picked up sharply in the second quarter as a rise in consumer and business spending offset a drop in housing construction and a widening trade gap. The nation’s gross domestic product, the ...

The US economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ...

Real gross domestic product increased at an annual rate of 2.45% in Q4 2024, according to the third estimate. The latest estimate was higher than the 2.3% forecast but lower than the Q3 final estimate ...

U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday. Gross domestic product, a measure of all the goods and services ...

The U.S. economy grew at a 2.8% annual pace last quarter as consumers continued to open their wallets despite elevated interest rates. Forecasters expected the country's gross domestic product — the ...

The economy grew solidly again in the third quarter, bolstering the belief that the U.S. can dodge a recession and raising the odds the Federal Reserve will cut interest rates more modestly in the ...

The Federal Reserve has should keep cutting rates because small businesses and new startups are still being hit hard by high borrowing costs, said Brian Bethune, an economist at Boston College.

The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The Commerce Department's Bureau of Economic Analysis released its advance ...