March 27 (UPI) -- U.S. Gross Domestic Product was revised up to an annual rate of 2.4% in fourth quarter 2024, according to a Thursday report from the Bureau of Economic Analysis. Real GDP was revised up 0.1% in the third estimate of U.S. economic growth measured by GDP. Advertisement " The increase in real GDP in the fourth quarter primarily reflected increases in consumer spending and government spending that were partly offset by a decrease in investment," the BEA said in a statement. "