USGDPQQ 2.3% (Q4/2024) source: U.S. Bureau of Economic Analysis
- The US economy expanded an annualized 2.3% in Q4 2024, the slowest growth in three quarters, down from 3.1% in Q3 and forecasts of 2.6%. Personal consumption remained the main driver of growth, but fixed investment and exports contracted. Considering full 2024, the economy advanced 2.8%.