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US GDP rises 2.8% in 2024

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The U.S. gross domestic product rose by 2.8% in 2024, following 2.9% growth in 2023, according to data released by the Commerce Department.

During the fourth quarter, the GDP expanded at a 2.3% annual rate.

Economists expected a 2.4% increase in the fourth quarter.

Read more from The Associated Press.

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