“Gross Domestic Product.” Federal Reserve Economic Data (FRED), Federal Reserve Bank of St. Louis. “Gross National Income for United States.” The World Bank, World Bank Open Data.

Real GDP growth in the fourth quarter was short of the expected 2.7% increase.

The US economy expanded at a solid pace at the end of 2024, fueled by a generous tailwind from consumer spending that more than offset drags from a strike at Boeing Co. and much leaner inventory ...