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A lot happens in any given year, but especially in presidential election years. In 2024, inflation came down, Donald Trump won office for a second time (and the market reacted) and some other major...
The U.S. economy grew faster than previously reported in Q2 2024 as consumers spent more than expected on goods and services in the three months ended June 30.
Overall, the economic growth data over the past month hasn't swayed markets on what the Fed will do in November, with traders currently pricing in a 95% chance the central bank lowers interest ...
US economic output hit its highest level in nearly three years to close out 2024, according to the latest data from S&P Global. S&P Global's flash US composite PMI, which captures activity in both ...
Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth, and corporate profits.
Economists predict the economy will grow a solid 2.1% this year, down from an estimated 2.7% in 2024, according to the average forecast of those surveyed by Wolters Kluwer Blue Chip Economic ...
Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022. The three U.S. states with the highest GDPs were California ($4.080 trillion), Texas ($2.695 trillion), and New York ($2.284 trillion).
There's plenty to like about the U.S. economy heading into 2024. Inflation is way down from a year ago, GDP growth keeps beating expectations and employers have added an average of 239,000 jobs a...
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