U.S. Economy Grew 2.3 Percent in Fourth Quarter

U.S. Economy Grew 2.3 Percent in Fourth Quarter

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.

Read more at The New York Times

Save story

Topics

Related

Intel issues weak forecast, but beats on fourth-quarter results

Intel said seasonality, competition and an uncertain economy are resulting in challenges to its business.
CNBC - 8h
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Broadband customer growth has lagged in recent quarters as competition from wireless providers has ramped up.
CNBC - 12h
U.S. economy grows 2.3% in last quarter, latest GDP data shows

Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
CBS News - 18h
Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit

The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The New York Times - 1d
Eurozone economy unexpectedly flatlines in fourth quarter

GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023
Financial Times - 16h
GDP grew at a 2.3% pace in the fourth quarter, less than expected

U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday.
NBC News - 17h
GDP grew at a 2.3% pace in the fourth quarter, less than expected

GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.
CNBC - 17h
US economy grew 2.8 percent in 2024, but slowed to end year

Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...
The Hill - 18h
U.S. economy grows 2.3% in last quarter, latest GDP data shows

Economy showed solid fourth-quarter growth, though roughly a percentage point below economist expectations.
CBS News - 18h
U.S. Economy Grew 2.3 Percent in Fourth Quarter

Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
The New York Times - 18h
US economy grew at 2.3% rate in fourth quarter

Figure comes after Fed chair Jay Powell said there was no hurry to cut interest rates
Financial Times - 19h
Revised figures show German economy shrank by 0.2% in fourth quarter

Yahoo News - 21h
Euro zone economy flatlines in fourth quarter, missing expectations for slight expansion

Economists polled by Reuters had expected growth of 0.1% over the period, following a larger-than-expected 0.4% expansion in the third quarter.
CNBC - 21h
Tesla sees disappointing fourth-quarter earnings amid declining car deliveries

Despite disappointing sales and delivery figures, the company’s stock price has doubled in the past year . Tesla reported earnings for the fourth quarter of 2024 on Wednesday after US stock markets ...
The Guardian - 1d
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.
CNBC - 1d
Meta’s Reality Labs posts $5 billion loss in fourth quarter

Meta's Reality Labs unit recorded an operating loss of $4.97 billion while generating $1.1 billion in sales during the fourth quarter.
CNBC - 1d
Microsoft to report fourth-quarter earnings amid uproar over DeepSeek’s AI

Questions over multibillion-dollar spending on AI are mounting, spurred by DeepSeek’s shock to US stock market. Microsoft will report its second-quarter earnings for fiscal year 2025 Wednesday as ...
The Guardian - 1d
Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments

Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...
The Guardian - 1d
T-Mobile’s stock climbs after fourth-quarter earnings beat and robust guidance

T-Mobile expects postpaid net customer additions of between 5.5 million and 6 million for 2025, the company’s highest-ever guidance range issued at the beginning of the year.
MarketWatch - 1d
85 percent of Greenlanders don't want to be part of US: Survey

A large majority of residents in Greenland are against President Trump's wish to acquire the island territory, according to a new survey published Wednesday. The Verian poll, conducted for Danish ...
The Hill - 1d
The heave-making fourth-quarter star the Celtics need to make a repeat title run

Last season's star-turn in the NBA Finals was a decade in the making for Payton Pritchard.
ESPN - 1d
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter

Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.
CNBC - 2d
Boeing books charges and warns on fourth-quarter revenue and profit

Aerospace group cites $2.8bn hit from last year’s strike, lay-offs and rising defence business costs
Financial Times - Jan. 23
Boeing expects $4 billion loss for fourth quarter after chaotic 2024

Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.
CNBC - Jan. 23
South Korea's Economy Expands 2.0% in 2024 After Lackluster Fourth-Quarter Growth

The data showed private consumption weakened and construction investment remained in contraction in the fourth quarter. Exports edged up on demand for semiconductors and other ...
The Wall Street Journal - Jan. 22
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges

The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.
The Wall Street Journal - Jan. 22
Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings

Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...
The Guardian - Jan. 21
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter

The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.
The Wall Street Journal - Jan. 21
Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State

Freeman's decision drew heavy criticism on social media
CBS Sports - Jan. 21
Commanders lead Lions 45-31 in fourth quarter of NFL divisional game

Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?
NBC News - Jan. 18
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in

The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.
CNBC - Jan. 17
China Says Economy Grew 5% Last Year, Driven by Exports

Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.
The New York Times - Jan. 17
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.
CNBC - Jan. 16
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
CNBC - Jan. 15
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?

The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.
MarketWatch - Jan. 7
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
The Wall Street Journal - Jan. 5

More from The New York Times

Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales

The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
The New York Times - 10h
Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales

The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
The New York Times - 10h
F.C.C. Chair Orders Investigation Into NPR and PBS Sponsorships

Brendan Carr, the chairman of the Federal Communications Commission, said the inquiry could help Congress decide whether to continue funding local stations.
The New York Times - 11h
Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On

Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
The New York Times - 11h
Bill Gates Isn’t Like Those Other Tech Billionaires

The Microsoft co-founder and philanthropist is taking a break from the future to examine his past — and mulling where the billionaires now fit in.
The New York Times - 9h

More in Business

The bears never stood a chance — this month. But Goldman strategist says he’ll turn ‘tactical bear’ after Valentine’s.

Between you-only-live-once retail traders, big corporates buying back their stock and retirement allocation demand, the bears never stood a chance, says a Goldman Sachs strategist.
MarketWatch - 5m
The bears never stood a chance — this month. But Goldman strategist says he’ll turn ‘tactical bear’ after Valentine’s.

Between you-only-live-once retail traders, big corporates buying back their stock and retirement allocation demand, the bears never stood a chance, says a Goldman Sachs strategist.
MarketWatch - 5m
Smiths Group announces break-up after activist pressure

Shares in London-listed conglomerate jump after it announced plans to sell or demerge two of its four core divisions
Financial Times - 6m
High Inflation and New Tariffs Will Make the Fed’s Job Tougher

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
The New York Times - 7m
High Inflation and New Tariffs Will Make the Fed’s Job Tougher

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
The New York Times - 7m