Real GDP headline growth of 2.3 percent quarter-over-quarter annualized masked a stronger underlying pace of growth in the economy at the end of 2024.
Final sales to domestic purchasers (GDP excluding trade and inventories) grew at a more robust 3.1 percent pace. While consumer performance remained extremely solid throughout 2024, an atypical double-digit surge in durable goods consumption in Q4 hints at consumers stockpiling behavior ahead of anticipated tariff-driven price increases. Such strength may borrow growth from the future quarters.
Trusted Insights for What’s Ahead®
myTCB® Members get exclusive access to webcasts, publications, data and analysis, plus discounts to events.
June CPI Closes the Door for July Rate Hike
July 14, 2026
May Spending Rebounds, but Inflation Takes Its Toll
June 25, 2026
FOMC Decision: There’s a Task Force for That
June 17, 2026
Falling Income Portends Weak Q2 Spending
May 28, 2026
Charts
The Gray Swans Tool helps C-suite executives better navigate today’s quickly developing economic, political, and technological environments.
LEARN MORECharts
Preliminary PMI indices show no change in weak DM growth momentum in November
LEARN MORECharts
How Might the World Fall Back into Recession?
LEARN MORECharts
Passing increases downstream, cutting costs, and absorbing price increases into profit margins are the chief ways to manage rising input costs. Few see changing
LEARN MORECharts
US continues to lead global productivity race
LEARN MORECharts
The Global Economic Fallout of the Ukraine Invasion
LEARN MORECharts
The global supply chain disruption associated with the COVID-19 pandemic has resulted in production delays, shortages, and a spike in inflation in world.
LEARN MORECharts
The Conference Board recently released its updated 2022 Global Economic Outlook.
LEARN MORE
PRESS RELEASE
LEI for Brazil increased in June
July 15, 2026
PRESS RELEASE
The LEI for the UK fell again in May
July 14, 2026
PRESS RELEASE
LEI for Australia Increased in May
July 14, 2026
PRESS RELEASE
The LEI for Germany Increased Again in May
July 10, 2026
PRESS RELEASE
LEI for Japan Rose Again in May 2026
July 09, 2026
PRESS RELEASE
LEI for Spain Rose in May
July 09, 2026
All release times displayed are Eastern Time
This report identifies trends to help businesses prepare for an environment with more challenges for labor and capital but improvements in productivity growth.
LEARN MOREConnect and be informed about this topic through webcasts, virtual events and conferences
June CPI Closes the Door for July Rate Hike
July 14, 2026 | Brief
Volatility Notwithstanding, Labor Market Signals a Fed on Hold
July 02, 2026 | Brief
May Spending Rebounds, but Inflation Takes Its Toll
June 25, 2026 | Brief
The Conference Board Economic Forecast for the Euro Area Economy
June 19, 2026 | Report
FOMC Decision: There’s a Task Force for That
June 17, 2026 | Brief
June FOMC Preview: Meet the Warsh Fed: Rates on Hold, Communication in Focus
June 16, 2026 | Brief

USMCA 2.0—Trade Uncertainty in North America
June 10, 2026

Power Shifts: From the Fed to EV Markets
May 13, 2026

The Iran Conflict: Risks for the Global Economy
April 15, 2026

Priced Out: The State of US Housing Affordability
February 11, 2026

The CEO Outlook for 2026—Uncertainty, Risks, Growth & Strategy
January 15, 2026

The Big Picture: What's Ahead for the Global Economy?
December 10, 2025