The latest economic data reveals that the US economy expanded by 2.4% in the final quarter of 2024, primarily driven by robust consumer spending. Nevertheless, business investment and inventories experienced a downturn during this period. Inflationary forces have surged, creating a sense of uncertainty for the upcoming year, particularly in light of the tariffs and trade strategies implemented by President Donald Trump. The decrease in consumer confidence poses a potential threat to the prospective growth of the economy.