US GDP - 2024-01-24

Date: 
Thursday, January 25, 2024
Summary: 

Did we call it, or what? 3.3% real GDP growth for the quarter, steaming past the highest estimates and following an outright blow-out the previous quarter. Oh, wait, that's not even the best part. Price increases for gross domestic purchases were just 1.9%. Hint: that's below the Fed's target.