Consumer spending was — once again — key to GDP growth last quarter

marketplace.org/2025/01/31/consumer-spending-was-once-again-key-to-gdp-growth-last-quarter

Economic growth came in pretty strong for the fourth quarter of 2024. As we learned on Thursday, GDP rose at an annual rate of 2.3%.
And consumer spending is a key contributor. It rose 4.2% for the quarter. Spending on durable goods — items designed to last, like cars, TVs and washing…

This story appeared on marketplace.org, 2025-01-31 15:02:19.
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