US Economic Growth Slows in Q4: Import Surge and Boeing Strike Take a Toll
2025-01-30
Reuters
The US economy is expected to show slower growth in the fourth quarter due to a significant surge in imports and a strike at Boeing that impacted aircraft spending. However, strong domestic demand and consumer spending are likely to partially offset these effects, providing some stability to the economy. As trade tensions and global economic uncertainty continue to influence market trends, the US economy's performance in Q4 will be closely watched by investors and economists alike, with key indicators such as GDP growth and trade deficits under scrutiny. Economic forecasters predict a moderate slowdown in growth, but still a positive outlook for the US economy in the long term.