https://media.cnn.com/api/v1/images/stellar/prod/gettyimages-2192289272.jpg?c=16x9&q=h_833,w_1480,c_fill

Strong economic performance in the United States

During the last quarter of 2024, the economy of the United States grew at an annualized pace of 2.3%, according to the Bureau of Economic Analysis. This expansion rate was below the expected 2.6% and signaled a slowdown compared to the 3.1% increase noted in the previous quarter.

In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.

Key Drivers of Economic Growth

Quarterly Comparison Analysis

The growth rate of 2.3% in the fourth quarter marks the most sluggish quarterly expansion since 2018, when the economy saw a 0.6% increase in the final quarter. Annually, the economy expanded by 2.8% in 2024, slightly under the 2.9% growth achieved in 2023.

Elements Leading to the Deceleration

Factors Contributing to the Slowdown

  • Reducción de Inversiones: Hubo una caída en las actividades de inversión, lo que compensó en parte las ganancias del gasto de los consumidores y del gobierno.
  • Dinámicas Comerciales: Las importaciones disminuyeron en este período, lo cual, aunque resta en el cálculo del PIB, sugiere cambios potenciales en la demanda interna y ajustes en la cadena de suministro global.

Presiones Inflacionarias e Implicaciones Políticas

Inflationary Pressures and Policy Implications

Visión General del Mercado Laboral

Labor Market Overview

Prospects for 2025

Mirando al futuro, las perspectivas económicas para 2025 muestran un panorama mixto:

Looking ahead, the economic outlook for 2025 presents a mixed picture:

  • Growth Projections: The Congressional Budget Office (CBO) projects a moderation in economic growth, with GDP expected to increase by 1.9% in 2025, down from an estimated 2.3% in 2024.
  • cbo.gov
  • Inflation Expectations: Economists anticipate that inflation will remain above the Federal Reserve’s 2% target, influenced by factors such as ongoing supply chain disruptions and policy decisions.
  • reuters.com
  • Policy Considerations: Proposed tariffs and stricter immigration policies could exert additional inflationary pressures and impact labor market dynamics, necessitating careful monitoring and policy adjustments. 
By Roger W. Watson

You May Also Like