Latest Insights on U.S. Economic Performance and Corporate Profits in Q4 and Full Year 2023

Thursday, 28 March 2024, 12:30

The Bureau of Economic Analysis reported a 3.4% rise in real GDP for the fourth quarter of 2023, slightly lower than the 4.9% growth in the previous quarter. The data also includes insights into GDP by industry and corporate profit trends, shedding light on the economic landscape for the period. Overall, the report signals a healthy but slightly moderating growth trajectory in the U.S. economy for the specified timeframe.

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U.S. GDP Growth Data and Corporate Earnings Report

Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023 (table 1), according to the 'third' estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 4.9 percent.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

U.S. GDP Growth Data and Corporate Earnings Report

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