U.S. economic growth in the fourth quarter of 2024 fell short of economist estimates, according to a report released by the Commerce ...
Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.
Consumer spending fueled growth, despite ongoing fears about inflation.
The U.S. economy grew 2.5% last year, slower than in 2023 but still at a solid pace thanks to strong spending by American consumers buoyed by low unemployment.
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