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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 25, 2025

Page

29

GM Reports Fourth Quarter Results On Revenue Growth

General Motors reports its fourth quarter earnings on Tuesday with Wall Street expecting $1.82 per share on $44.6 billion in revenue. In the prior quarter GM posted $3 billion in profit as revenue rose 10 percent to $48.8 billion and shares jumped over 10 percent to above $53.

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Commerce Department Eyes Q4 Growth Estimate in Economy

The Commerce Department will publish its first estimate of fourth quarter GDP on Thursday. Analysts expect a 2.3 percent expansion as consumer spending remains a key driver despite elevated rates and inflation staying above the Fed's 2 percent target.

Commerce Department U.S Federal Reserve

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