U.S. GDP reported as expected

Note: This section contains information in English only.
Source: Dukascopy Bank SA
In the fourth quarter of 2024, the U.S. economy grew at an annual rate of 2.3%, down from 3.1% in the third quarter. This growth was mainly driven by increased consumer and government spending, though it was partly offset by a decrease in investment. Imports, which subtract from GDP, also decreased.

The GDP estimate was revised slightly upward by less than 0.1 percentage point. The revision reflected higher government spending and exports, but was partly offset by lower consumer spending and investment. The slowdown compared to the third quarter was due to weaker investment and exports, while consumer spending accelerated.

Inflation in the fourth quarter showed a modest rise. The price index for gross domestic purchases increased by 2.3%, and the personal consumption expenditures (PCE) price index rose by 2.4%. Excluding food and energy, the PCE price index increased by 2.7%.

For 2024, real GDP grew by 2.8%, in line with earlier estimates. This growth was driven by increases in consumer spending, investment, government spending, and exports, though imports also rose. The overall price index for gross domestic purchases increased by 2.4% for the year, and the PCE index rose by 2.5%, with the core index (excluding food and energy) at 2.8%.
Back to articles

Actual Topics

Tue, 04 Mar 2025 09:53:11 GMT

ISM report on Manufacturing at 50.3%

U.S. manufacturing activity expanded slightly in February after 26 months of contraction, with the Manufacturing PMI® registering 50.3%, a slight drop from 50.9% in January. While the overall economy continued to expand, some key indices showed mixed results. The New Orders Index fell into contraction at 48.6%, and the Production Index showed marginal growth at 50.7%. The Prices Index surged

Tue, 18 Feb 2025 11:24:01 GMT

Reserve Bank of Australia Cuts Interest Rates

The Reserve Bank of Australia (RBA) has reduced its interest rate by 0.25% to 4.10%, marking its first rate cut since November 2020. This decision comes as inflation slows down, giving the RBA room to ease its policy. While the RBA is taking action to support the economy, it remains cautious. The central bank plans to keep future rate cuts gradual,

Subscribe to "Fundamental Analysis" feed

Подписаться
Чтобы узнать больше о торговой платформе Forex/CFD, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, звоните нам или запросите обратный звонок.
Для получения дополнительной информации относительно сотрудничества,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о торговых платформах (Forex / Бинарные опционы) от Dukascopy Bank, торговой площадке SWFX или получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о торговой платформе Forex/CFD, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, звоните нам или запросите обратный звонок.
Чтобы узнать больше о Крипто / CFD / Forex торговых платформах, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о Представляющих агентах и получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Для получения дополнительной информации относительно сотрудничества,
пожалуйста, позвоните нам или запросите обратный звонок.