Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy. The US economy grew 2.5% over ...

or GDP, which shows whether an economy is growing. The United States has long had the largest GDP in the world, surpassing nations such as India and China. GDP rose 7.6% during Trump’s first ...

In addition, consumer spending, which accounts for about 70% of US economic activity, was a touch firmer than initially thought. Consumer spending rose at a 2.1% rate instead of 2%. Even spending ...

The US economy expanded ... For 2024, GDP rose 2.8% from the annual level a year prior. From October to December, the world's biggest economy grew at an annual rate of 2.3% in the fourth quarter ...

The non-partisan agency’s policy is to follow current law ... to 6.2 per cent of US gross domestic product. The improved forecast was largely driven by stronger economic growth in 2024 than ...