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Is the US economy on the verge of a new challenge?
Published 1 year, 3 months ago
Description
The U.S. economy showed a growth rate of 2.4% in the fourth quarter of 2024, driven by increased consumer spending. The Commerce Department revised its previous growth estimate for this quarter. For context, the economy grew at 3.1% in the third quarter of 2024. The overall growth for the entire year of 2024 reached 2.8%, reaffirming the U.S. as the largest economy globally.
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