U.S. Economy Grew 2.3% in Q4 2024, Driven by Consumer Spending
Fueled by robust consumer spending, particularly on big-ticket items, the U.S. economy grew at a 2.3% annual rate in the final quarter of 2024, exceeding growth in other countries like Europe; however, this growth is threatened by potential tariffs and decreased consumer confidence.
U.S. Economy Grew 2.3% in Q4 2024, Driven by Consumer Spending
Fueled by robust consumer spending, particularly on big-ticket items, the U.S. economy grew at a 2.3% annual rate in the final quarter of 2024, exceeding growth in other countries like Europe; however, this growth is threatened by potential tariffs and decreased consumer confidence.
Progress
40% Bias Score
China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.
China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.
Progress
48% Bias Score
Xizang's Economy Booms in 2024: GDP Up 6.3%, Foreign Trade Soars
Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), with per capita disposable income at $4,296 and foreign trade surging 15.4 percent to $1.74 billion, driven by infrastructure improvements and supportive government policies.
Xizang's Economy Booms in 2024: GDP Up 6.3%, Foreign Trade Soars
Xizang's 2024 GDP reached $37.96 billion (a 6.3 percent increase), with per capita disposable income at $4,296 and foreign trade surging 15.4 percent to $1.74 billion, driven by infrastructure improvements and supportive government policies.
Progress
52% Bias Score
China's 2024 GDP Growth Meets Target Amidst Economic Imbalances
China's economy expanded by 5% in 2024, exceeding expectations in the fourth quarter (5.4%) due to government stimulus measures, despite persistent weaknesses in consumer spending and deflationary pressures.
China's 2024 GDP Growth Meets Target Amidst Economic Imbalances
China's economy expanded by 5% in 2024, exceeding expectations in the fourth quarter (5.4%) due to government stimulus measures, despite persistent weaknesses in consumer spending and deflationary pressures.
Progress
36% Bias Score
China's Strong Q4 Growth Faces Headwinds from US Tariffs and Demographic Trends
China's economy grew 5.4% in Q4 2024, exceeding forecasts, driven by exports and a record trade surplus; however, this success is threatened by potential US tariffs and underlying demographic challenges.
China's Strong Q4 Growth Faces Headwinds from US Tariffs and Demographic Trends
China's economy grew 5.4% in Q4 2024, exceeding forecasts, driven by exports and a record trade surplus; however, this success is threatened by potential US tariffs and underlying demographic challenges.
Progress
40% Bias Score
China Meets 5% Growth Target Despite Economic Headwinds
China's economy expanded by 5% in 2024, meeting its official target, despite a property crisis and weak consumer spending; stimulus measures, including interest rate cuts and a $1.4 trillion debt-swap program, boosted industrial production and Q4 GDP growth to 5.4%.
China Meets 5% Growth Target Despite Economic Headwinds
China's economy expanded by 5% in 2024, meeting its official target, despite a property crisis and weak consumer spending; stimulus measures, including interest rate cuts and a $1.4 trillion debt-swap program, boosted industrial production and Q4 GDP growth to 5.4%.
Progress
40% Bias Score
US GDP Growth Slows in Q4 2023, But Remains Strong
US GDP grew at a 2.3% annualized rate in Q4 2023, slower than the previous quarter but exceeding expectations, driven by robust consumer spending despite a record trade deficit; the Federal Reserve is expected to continue gradual rate cuts this year.
US GDP Growth Slows in Q4 2023, But Remains Strong
US GDP grew at a 2.3% annualized rate in Q4 2023, slower than the previous quarter but exceeding expectations, driven by robust consumer spending despite a record trade deficit; the Federal Reserve is expected to continue gradual rate cuts this year.
Progress
44% Bias Score
China Sets Ambitious 2025 Growth Targets, Signaling Economic Strength
China's provincial "two sessions" meetings set 2025 GDP growth targets at around 5 percent or higher, exceeding the national target, demonstrating economic resilience and a focus on high-quality, sustainable growth through domestic consumption, investment, and opening up to foreign investment.
China Sets Ambitious 2025 Growth Targets, Signaling Economic Strength
China's provincial "two sessions" meetings set 2025 GDP growth targets at around 5 percent or higher, exceeding the national target, demonstrating economic resilience and a focus on high-quality, sustainable growth through domestic consumption, investment, and opening up to foreign investment.
Progress
52% Bias Score
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Biden's Economic Performance: Job Growth, Unemployment, Inflation, and GDP
President Biden's administration oversaw the creation of 17 million jobs, reduced unemployment from 6.4% to 4.1%, lowered inflation to 2.9%, and increased the GDP from \$23.5 trillion to \$27.7 trillion between 2021 and 2024.
Progress
52% Bias Score
China's 2024 GDP Growth Meets Target at 5%
China's economy expanded by 5% in 2024, exceeding the fourth-quarter forecast of 5.0% and meeting the government's target, driven by stimulus measures.
China's 2024 GDP Growth Meets Target at 5%
China's economy expanded by 5% in 2024, exceeding the fourth-quarter forecast of 5.0% and meeting the government's target, driven by stimulus measures.
Progress
24% Bias Score
China's Q4 Growth Surges Despite Looming US Tariffs and Population Decline
China's economy grew by 5.4% in Q4 2024, exceeding forecasts, driven by exports leading to a record trade surplus; however, this success may invite higher US tariffs, while a slight rise in the birth rate couldn't offset an overall population decline.
China's Q4 Growth Surges Despite Looming US Tariffs and Population Decline
China's economy grew by 5.4% in Q4 2024, exceeding forecasts, driven by exports leading to a record trade surplus; however, this success may invite higher US tariffs, while a slight rise in the birth rate couldn't offset an overall population decline.
Progress
36% Bias Score
China's Economy Grows 5% in 2024, Meeting Target Amidst Challenges
China's economy grew 5% in 2024, meeting its target despite slowing from 5.2% in 2023, driven by strong exports and stimulus measures, while facing challenges from weakening domestic demand and an aging population.
China's Economy Grows 5% in 2024, Meeting Target Amidst Challenges
China's economy grew 5% in 2024, meeting its target despite slowing from 5.2% in 2023, driven by strong exports and stimulus measures, while facing challenges from weakening domestic demand and an aging population.
Progress
40% Bias Score