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International Business Times

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RARE PHOTOS: Us economic growth steady in 2024 as trump takes office | Rare Historical Photos

Donald Trump United States Economy Diane Swonk Joe Biden Matthew Martin

The US economy grew at a 2.3 percent annual rate in the fourth quarter last year (Credit: AFP)

The US economy expanded at a solid clip in 2024, helped by consumer and government spending, official data showed Thursday, signaling its resilience as President Donald Trump takes over the reins.

Trump won a commanding victory in last November's election on the back of public dissatisfaction over cost-of-living pressures, even as inflation has cooled while the job gains continued.

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