Recent Updates
- 📈 Strong GDP Growth: The US economy reported a 4.3% quarterly growth in Q2 2024, driven by consumer spending and industrial output.
- 📰 Federal Reserve Policy: The Fed hinted at potential rate cuts in 2025, signaling cautious optimism about inflation control.
- 💸 Job Market Trends: Unemployment remains at 3.8%, with record-low layoffs in tech and manufacturing sectors.
Key Indicators
- ** inflation rate**: 3.2% (June 2024)
- ** stock market**: NASDAQ up 5.7% YoY
- ** trade deficit**: $58.3B (May 2024)
Expansion Reading
For deeper insights into US economic policies and global market impacts, visit our dedicated section: /usa