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of <h1>US Economy Grows 2.4% in Q4 2024 Amid Consumer Spending Surge; Sustained Growth Uncertain Due to Trade Wars</h1> The US economy grew at an annual rate of 2.4% in the fourth quarter of 2024, an upgrade from previous estimates, driven by increased consumer spending. However, concerns remain about sustaining this growth due to ongoing trade wars, workforce reductions, and immigration policies under the current administration. The Commerce Department reported that GDP growth slowed from 3.1% in the third quarter. Overall, the US economy expanded by 2.8% in 2024.
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