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U.S. Economic Growth Far Exceeds Estimates In Q4

Por: RTTNews Business January 25, 2024

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The Commerce Department released a report on Thursday showing the U.S. grew by much more than expected in the fourth quarter of 2023.The report said gross domestic product shot up by 3.3 percent in the fourth quarter after surging by 4.9 percent in the third quarter. Economists had expected GDP to jump by 2.0 percent.The stronger than expected GDP growth partly reflected a continued surge in consumer spending, which shot up by 2.8 percent in the... + full article



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