Economy Jan 30, 2025 9:18 AM EST By —

Paul Wiseman, Associated Press

WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.

The Commerce Department reported Thursday that gross domestic product — the economy’s output of goods and services — expanded at a 2.3 percent annual rate from October through December.

For the full year, the economy grew a healthy 2.8 percent, compared with 2.9 percent in 2023.

Read the full article here – https://www.pbs.org/newshour/economy/u-s-economy-ends-2024-with-solid-growth-up-2-8-for-full-year