INSUBCONTINENT EXCLUSIVE:
economy grew at a 2.4% annualized rate in Q4 2024, reported the Bureau of Economic Analysis on March 27, 2025
This final estimate revised earlier 2.3% figures, reflecting stronger consumer and government spending.However, declining investment and
Consumers drove growth, boosting spending by 4.0%, the highest since early 2023, with vehicle purchases surging 6.2%.Government outlays rose
too, fueled by defense and local payrolls, yet businesses cut back on equipment and structures
For 2024, GDP climbed 2.8%, down from 2.9% in 2023, supported by a 2.5% inflation rate.U.S
Economy Grew 2.4% in Q4 2024, Signaled Resilience Amid Challenges
(Photo Internet reproduction)Corporate profits soared $204.7 billion in Q4, rebounding from a $15 billion dip, signaling business strength
Meanwhile, manufacturing grew 3.4%, and services rose 2.8%, balancing the economic load.Since 2021, GDP jumped 12.6%, outpacing many peers,
yet 2025 loomed with trade tensions and policy shifts
Consumers and government propped up growth, but investment lags signaled caution.This 2.4% finish underscored a resilient economy adapting
to disruptions, offering businesses a clear view of opportunities and risks ahead.
