US economy slows in the fourth quarter; spending robust - MSN

WASHINGTON (Reuters) -U.S. economic growth slowed in the fourth quarter, but robust domestic demand will probably keep the Federal Reserve on a slow interest rate cut path this year. …

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US Economy Resilient Despite Moderation In Growth In Fourth Quarter

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Jan 30, 2025 · Fourth-quarter GDP increases at 2.3% rate; Economy grows 2.8% in 2024 versus 2.9% in 2023; Consumer spending growth fastest in nearly two years; Inventory accumulation …

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US Economy Slows In The Fourth Quarter; Spending Robust

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Jan 30, 2025 · U.S. economic growth slowed to a 2.3% annualized rate in the fourth quarter, down from 3.1% in the third quarter, according to the Commerce Department. Despite the slowdown, …

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US Economy In Q4 Slows To 2.3%, Robust Spending Keeps Rate Cut …

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Jan 30, 2025 · US economic growth slowed in the fourth quarter, but robust domestic demand will probably keep the Federal Reserve on a slow interest rate cut path this year. Gross domestic …

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The US Economy Just Had Another Robust Year | CNN Business

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Jan 30, 2025 · The US economy grew 2.5% over the past year, according to new Commerce Department figures released Thursday, comparing the fourth quarter in 2024 with the one from …

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The Economy Grew In Q4. What Does It Mean For Fed Rate Cuts?

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Jan 30, 2025 · The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. ... The American consumer is still driving the economy. Consumer spending increased a …

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GDP: US Economy Grows At Slower-than-expected Pace In Fourth …

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Jan 30, 2025 · Increases in consumer spending and government spending drove economic growth in the quarter while decreases in investment offset some gains. For the year, the US economy grew at 2.8% pace ...

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GDP Grew At A 2.3% Pace In The Fourth Quarter, Less Than Expected

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Jan 30, 2025 · GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.

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US GDP Growth Slows In Fourth Quarter On Weak Business Spending

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Jan 30, 2025 · Consumer spending, which accounts for more than two-thirds of the economy, grew at a 4.2% rate last quarter. That was the fastest since the first quarter of 2023 and …

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US GDP Growth Slows In Q4, But Economy Still 'remains Strong'

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Jan 30, 2025 · The US economy grew at a slower pace in the fourth quarter, with the US Bureau of Economic Analysis (BEA) reporting GDP (gross domestic product) to have risen by 2.3%. …

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US Economy Resilient Despite Moderation In Growth In Fourth Quarter

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Jan 30, 2025 · From the fourth quarter of 2023 to the final three months of 2024, it grew 2.5%. It is expanding well above the 1.8% rate that Fed policymakers view as the non-inflationary growth …

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Weak Business Spending Restrains US Economy; Domestic Demand …

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Jan 30, 2025 · Consumer spending, which accounts for more than two-thirds of the economy, grew at a 4.2% rate last quarter. That was the fastest since the first quarter of 2023 and …

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FAQs about US economy slows in the fourth quarter; spending robust - MSN Coupon?

Why did economic growth slow in the fourth quarter?

WASHINGTON (Reuters) - U.S. economic growth likely slowed in the fourth quarter as imports surged and a strike at Boeing hurt spending on aircraft, though strong domestic demand will probably keep the Federal Reserve on a shallow interest rate cut path this year. ...

Will consumer spending continue a robust pace of growth last quarter?

The advance gross domestic product (GDP) report from the Commerce Department on Thursday is also expected to show consumer spending maintaining a robust pace of growth last quarter. Consumer spending is being underpinned by a resilient labor market, which is churning out solid wage gains. ...

How much did GDP increase last quarter?

Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter, the Commerce Department's Bureau of Economic Analysis said in its advance GDP estimate on Thursday. Economists polled by Reuters had forecast GDP rising at a 2.6% pace. ...

Will the 4th quarter be a recession?

While the fourth-quarter growth pace would mark a slowdown of the brisk pace notched in the July-September quarter, the economy last year defied dire predictions of a recession that had been fanned by the U.S. central bank hiking rates by 5.25 percentage points in 2022 and 2023 to quell inflation. ...

What should the economy focus on in the third quarter?

Economists said the focus should be on final sales to private domestic purchasers - which exclude inventories, trade and government - to judge the economy's health. This measure of domestic demand is forecast to have grown closer to the third quarter's 3.4% pace. Inflation likely picked up last quarter. ...

How many rate cuts did the Fed forecast this year?

The Fed has forecast only two rate cuts this year, down from the four it had projected in September, when it embarked on its policy-easing cycle. That reflected uncertainty about the economic impact of fiscal, trade and immigration policies from the new Trump administration. ...