$USGDPQQ -US Economy Slows More than Expected
USGDPQQ 2.3%(Q4/2024)
source: U.S. Bureau of Economic Analysis
- The US economy expanded an annualized 2.3% in Q4 2024, the slowest growth in three quarters, down from 3.1% in Q3 and forecasts of 2.6%.
Personal consumption remained the main driver of growth, but fixed investment and exports contracted.
Considering full 2024, the economy advanced 2.8%.
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