Real U.S. Gross Domestic Product in the fourth quarter 2024 rose at an annual rate of 2.3%, according to the Commerce Department's Bureau of Economic analysis second estimate Thursday.

Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the second estimate released by the U.S. Bureau of Economic Analysis.

Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its second GDP estimate for the fourth quarter on Thursday.

The Commerce Department's second estimate of fourth quarter GDP which showed the economy grew 2.3% at the end of last year, in line with expectations and the prior estimate.

A rewind of how the U.S. economy performed in the final three months of 2024 still looks pretty darn good: The increase in gross domestic product was unchanged at a 2.3% annual growth rate. inflation was a bit worse than previously reported,

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its