The US economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024.

Government spending makes up 6% of total gross domestic product. And besides, spending cuts come with economic ripple effects ...

Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027 ...

A rewind of how the U.S. economy performed in the final three months of 2024 still looks pretty darn good: The increase in ...

Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November ...

According to the provisional results available, GDP in 2024 (seasonally, calendar and sport event adjusted) grew by 0.9%, compared with 1.2% the previous year. [3] Unadjusted, this results in GDP ...

Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases ...

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...

New orders for key U.S.-manufactured capital goods surged in January, hinting at a rebound in business spending on equipment ...

South Africa's rand was stable on Wednesday as markets awaited U.S. gross domestic product data and an inflation reading later this week.