GDP News Updates

Government, Business

US Economy Grew at 2.3% Annual Pace in Q4

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said.

February 28, 2025
Government, Business

Economy Grows Solid 2.3% From October to December

WASHINGTON — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

January 30, 2025
Government, Business

Consumer Spending Powers Q3 US GDP Growth to 2.8%

Gross domestic product increased at a 2.8% annualized pace in the third quarter, the second estimate of the figures from the Bureau of Economic Analysis showed Nov. 27.

November 27, 2024
Government, Business

US Economy Grew at a Solid 3% Rate Last Quarter

WASHINGTON — The economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said Sept. 26.

September 26, 2024
Government, Business

US Economic Growth for Q2 Is Revised Up to 3% Annual Rate

WASHINGTON — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Aug. 29.

August 29, 2024
Government, Business

Economic Growth Increased in Q2 to Healthy 2.8% Annual Rate

WASHINGTON — The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of high interest rates.

July 25, 2024
Government, Business

Economic Growth Slowed Sharply Last Quarter to 1.6% Pace

WASHINGTON — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending.

April 25, 2024
Government, Business

US Economy Grew Solid 3.2% in Fourth Quarter

WASHINGTON — The U.S. economy grew at a robust 3.2% annual pace from October through December, propelled by healthy consumer spending, the Commerce Department reported Feb. 28.

February 28, 2024
Government, Business

US Economy Grew at Strong 3.3% Rate to End 2023

WASHINGTON — The nation’s economy grew at a brisk 3.3% annual pace in Q4 as Americans showed a continued willingness to spend despite high interest rates and price levels.

January 25, 2024
Government, Business

Q2 GDP Remains Steady at 2.1% Growth

WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Sept. 28.

September 28, 2023