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.

Economics is no different. Economists use many acronyms. One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports ...

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.