US economy continues to grow at robust pace as Trump vows to reduce prices

US economy continues to grow at robust pace as Trump vows to reduce prices

US economy, Consumer spending, Donald Trump, Trump administration, US politics, Biden administration, Inflation, US news Business | The Guardian

​GDP grew by 2.3% in last quarter of 2024, down from 3.1% rate of growth in previous quarterThe growth of the US economy slowed in the last quarter, but capped another robust year of expansion, as Donald Trump pledges to lead a historic revival and bring down prices for millions of Americans.Gross domestic product (GDP) – a broad measure of economic health – grew by 2.3% in the last three months of 2024, according to official data released on Thursday, down from the 3.1% rate of growth in the previous quarter. Continue reading… 

GDP grew by 2.3% in last quarter of 2024, down from 3.1% rate of growth in previous quarter

The growth of the US economy slowed in the last quarter, but capped another robust year of expansion, as Donald Trump pledges to lead a historic revival and bring down prices for millions of Americans.

Gross domestic product (GDP) – a broad measure of economic health – grew by 2.3% in the last three months of 2024, according to official data released on Thursday, down from the 3.1% rate of growth in the previous quarter.

Continue reading… 

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