US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
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 ...
Consumer spending fueled growth, despite ongoing fears about inflation.
The tourism industry regained its 5 per cent contribution to the gross domestic product (GDP) in FY23, the Economic Survey ...
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones ...
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak ...
The economy of Mexico shrank in the last quarter of 2024, marking the first quarterly contraction in three years, the ...
Mexico maintains a target for gross domestic product growth of between 2% and 3% this year, the finance ministry said on ...
OTTAWA - Statistics Canada says real gross domestic product decreased 0.2 per cent in November, the largest monthly ...
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...
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