The United States GDP showed a growth of 3.4% in the fourth quarter of 2023, according to the latest data released on March 28, 2024. This marks a slight increase from the previous quarter, where the GDP stood at 3.2%. The comparison period used for this data is quarter-over-quarter, which means the current indicator is compared to the previous quarter.
The growth in GDP is a positive sign for the economy, indicating that it is continuing to expand. This increase could be attributed to various factors such as consumer spending, business investments, and government expenditure. With the GDP figures on an upward trend, it suggests a healthy and stable economic environment in the United States. Investors and analysts will be closely monitoring these developments to assess the overall economic outlook of the country.
