US GDP Grows 3.3 Percent In Fourth Quarter As Productivity Surge Continues – Analysis

The US Commerce Department reported that GDP grew at a 3.3 percent rate in the fourth quarter driven by continued strength in consumption. This growth brought the growth for 2024 (4^th quarter 2022 to 4^th quarter 2023) to 3.1 percent. This is especially striking since this is a year for which many forecasters had projected a...