Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis.
Economists like me rely on data from federal data collection agencies like the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA). They provide critical data on
Unstable federal funding puts at risk the government statistics used to track the U.S. economy and population, officials and data users warn. That's before any cuts by President Trump and Congress.
EUR/USD continues to move sideways in a narrow channel above 1.0400 in the European session on Thursday after closing marginally lower on Wednesday. Investors await the European Central Bank's (ECB) policy announcements and the Gross Domestic Product (GDP) data from the US.
The United States (US) Bureau of Economic Analysis (BEA) is scheduled to release the preliminary estimate of the US Gross Domestic Product (GDP) for the October-December quarter on Thursday. Analysts anticipate that the report will indicate an annualised economic growth rate of 2.8%, slightly below the 3.1% posted in the third quarter of the year.
In virtual remarks to the annual meeting of the World Economic Forum in Davos, Switzerland, President Donald Trump on Thursday spouted many false or misleading economic claims. Here’s a quick rundown.
China said that its economy expanded by 5% last year, but a variety of weak signals have made some outside economists dubious.
Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions. The Republican has promised strong growth, high tariffs, income tax cuts and booming
The bureau said the updated report would also serve as a valuable resource for researchers and students. The rebased CPI is expected to improve the accuracy of economic data, offering item weights ...
According to the country's National Bureau of ... it met its annual 5% gross domestic product (GDP) growth target for 2024, thanks to the stimulus measures that buoyed economic activity in the ...
The U.S. economy slowed but continued to grow at a healthy rate in the fourth quarter, if forecasters are correct.