Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace — the first time since late 2021 that outlays have exceeded 3% in consecutive quarters.
Investor's Business Daily on MSN33m
Q4 GDP Comes In Light, Key Fed Inflation Gauge In Line; S&P 500 RisesGDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
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