The U.S. economy grew slightly slower than expected in the third quarter amid easing inflation and strong consumer spending. The Commerce Department's Bureau of Economic Analysis released its ...

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.

The economy grew 2.8% in 2024, according to the government’s final estimate, a year of growth that came as the Federal Reserve lowered interest rates in an effort to prevent a major slowdown.

The U.S. economy grew at a faster pace than expected at the beginning of 2024 as consumers continued to open their wallets despite ongoing inflation and high interest rates. Gross domestic ...

For all of 2024, the economy — the world’s biggest — grew 2.8%, down a tick from 2.9% in 2023. Consumer spending rose at a 4% pace, up from 3.7% in third-quarter 2023. But business ...

Year-over-year core CPI (which excludes volatile food and energy costs) rose 2.8%, matching the March rate. The CPI rose 0.2% month over month in April after falling 0.1% in March. Core CPI also ...

The US economy contracted for the ... another sign of demand in the economy, grew at a 3% annualized rate in the first quarter, above the 2.9% seen in the fourth quarter of 2024.

The US economy grew at an annual rate of 2.8% from July to September, driven by strong consumer spending despite high interest rates. The Federal Reserve's favored inflation gauge dropped to its ...

For all of 2024, the economy — the world’s biggest — grew 2.8%, down a tick from 2.9% in 2023. Consumer spending rose at a 4% pace, up from 3.7% in third-quarter 2023. But business ...

WASHINGTON — The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight ...