The economy of the United States grows by 3.1% in 2023, surpassing expectations.

The economy of the United States continues to demonstrate its strength, with a growth of 3.1% in 2023, according to the latest revision of the Gross Domestic Product (GDP) carried out by the Bureau of Economic Analysis (BEA). This figure exceeds economists' estimates and represents a significant advance compared to the 2.1% recorded in 2022, a year in which the US economy experienced a technical recession. In the last quarter of the year, the US GDP expanded by 3.4%, one-tenth above the initial forecasts. Although the growth in the fourth quarter was lower than in the previous quarter, it remains at positive levels, consolidating the upward trend of the country's economy. These data come shortly after the Federal Reserve's (Fed) monetary policy meeting, where it was decided to maintain interest rates at their highest level since 2001, between 5.25% and 5.5%. The Fed closely monitors indicators such as economic growth and inflation to guide its decisions, and although inflation slightly increased in February, reaching 3.2% year-on-year and 0.4% compared to January, it remains below the regulator's 2% target. These data seem to support the Fed's strategy of maintaining a cautious monetary stance and waiting for the economy to continue its path of sustained growth before considering changes in interest rates. The robustness of the US GDP is an encouraging signal for financial markets and investors, who see the country's economy as a reflection of stability and strength in a global context marked by economic uncertainty.