US economy growth slows at year’s end
During the last quarter of 2024, the growth of the United States economy slowed down, achieving an annualized rate of 2.3%, compared to the 3.1% seen in the previous quarter. This reduction happened even with strong consumer spending, which has consistently fueled economic activity.In the final quarter of 2024, the United States economy experienced a deceleration in growth, expanding at an annualized rate of 2.3%, a decline from the 3.1% observed in the preceding quarter. This slowdown occurred despite continued robust consumer spending, which has been a significant driver of economic activity.Household spending, a vital element of the country's economic…
