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The US - the world's biggest economy - grew at an annual rate of 2.4% in the fourth quarter of 2024, up from a previous estimate of 2.3%

US Q4 GDP revised upwards but tariff worries linger

The US economy expanded at a slightly faster pace than estimated in the final three months last year, according to government data released today, but uncertainty over President Donald Trump's economic policies clouds the outlook.

Business • 27 Mar

US GDP increased at a 3% annualised rate last quarter, new figures show today

US Q2 economic growth revised higher on consumer spending

The US economy grew faster than initially thought in the second quarter amid strong consumer spending, while corporate profits rebounded, which should help to sustain the expansion.

Business • 29 Aug 24

US GDP growth was revised to an annual rate of 3.2% in the final three months of 2023, from an initial estimate of 3.3% released last month

US fourth quarter GDP growth revised slightly lower

US economic growth was slightly weaker than previously estimated in the fourth quarter last year, according to government data released today, due mainly to a downward revision to business investment.

Business • 28 Feb 24

US gross domestic product increased at a 6.4% annualised rate last quarter

US economy accelerates in Q1, jobless claims fall

US economic growth accelerated in the first quarter, boosted by massive government aid to households and businesses, charting the course for what is expected will be the strongest performance this year in nearly four decades.

Business • 29 Apr 21

Sales of US soybeans, which now face Chinese tariffs, gave US exports their biggest boost in more than four years

Consumers, soybeans lift US economic growth to 4.1%

The US economy roared to life in the second quarter, posting the fastest annual growth rate in almost four years and the strongest among industrialised nations, according to new data today.

Business • 27 Jul 18

GDP in the world's largest economy increased by 2% in the first quarter

Weak consumer spending nudges Q1 US GDP downward

Growth in the US economy was slightly slower than previously thought in the first quarter, with new figures today showing consumer spending was the weakest in almost five years.

Business • 28 Jun 18

Gross domestic product expanded at a 3.2% annual rate last quarter, the Commerce Department said in its third GDP estimate today

US third-quarter economic growth lowered to 3.2%

The US economy grew at its fastest pace in more than two years in the third quarter, powered by robust business spending, and is poised for what could be a modest lift next year from sweeping tax cuts passed by Congress this week.

Business • 21 Dec 17

US Federal Reserve chairman Ben Bernanke last week gave an upbeat assessment of the US economy

US GDP figure revised downward

US economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports.

Business • 26 Jun 13

Gradual growth continuing in US - Federal Reserve

The US economy continued to grow in July and early August according to the country’s Federal Reserve, however it also cautioned that manufacturing activity was softening in many areas of the country.

Business • 30 Aug 12

Us Gdp