Sorry, your browser is not compatible with this application. Please use the latest version of Google Chrome, Mozilla Firefox, Microsoft Edge or Safari.
Gross Domestic Product, 4th Quarter of Year 2024
The U.S. economy grew at an annual rate of 2.3% in the fourth quarter of 2024, a slowdown from the 3.1% growth in the previous quarter. Consumer and government spending drove the increase, while investment declined. Inflation indicators showed modest increases, with the PCE price index rising 2.4% and core inflation (excluding food and energy) up 2.7%. The full-year GDP growth for 2024 was 2.8%, reflecting steady economic expansion despite shifting investment trends.
| Format: |
|
| Topics: | |
| Website: | Visit Publisher Website |
| Publisher: | U.S. Department of Commerce |
| Published: | February 27, 2025 |
| License: | Public Domain |
Featured Content
Contact Publisher
Claim Content
Stay Ahead of Government Policy Changes
Get exclusive access to the latest white papers, executive orders, and policy updates delivered to your inbox. Join 120K+ government professionals who rely on GovWhitePapers for critical intelligence.