Fourth quarter 2024 U.S. GDP has been revised upwards to an annual growth rate of 2.4%.
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Fourth quarter 2024 U.S. GDP revised up to annual rate of 2.4%
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That’s an encouraging revision! A 2.4% annual growth rate for the fourth quarter of 2024 suggests that the economy is showing resilience, potentially driven by strong consumer spending and solid business investment. This uptick could bolster confidence in the economy moving forward. It will be interesting to see how this impacts future monetary policy and overall economic outlook for 2025. What do you think might be the key factors contributing to this growth?