U.S. Economic Growth Slows to 2.3% in Q4 2024 Despite Strong Consumer Spending

Washington D.C., Friday, 31 January 2025.
The U.S. economy grew at an annual rate of 2.3% in Q4 2024, driven by a 4.2% increase in consumer spending, despite lower-than-expected growth forecasts and declining business investments due to Boeing strikes.