Us Gdp 2024 Q1

Us Gdp 2024 Q1. The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the us economy intact. The gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 3.4 percent on october.


Us Gdp 2024 Q1

Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the commerce. In the fourth quarter of 2023, real gdp increased 3.4 percent.

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