The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that ...
GDP growth in the fourth quarter was revised up by 0.2 percentage points to a 3.4% seasonally adjusted annual rate, showing the economy ended 2023 on stronger footing than previously realized.
WASHINGTON, March 28 (Reuters) - The U.S. economy grew faster than previously estimated in the fourth quarter, lifted by strong consumer spending and business investment in nonresidential ...
Thursday’s report was the Commerce Department’s third and final estimate of fourth-quarter GDP growth. It will release its first estimate of January-March growth on April 25. Close Modal ...
The Federal Reserve’s favored measure of prices — called the personal consumption expenditures price index — rose at a 1.8% annual rate in the fourth quarter.