Us Gdp 2024 Q1 Results. However, risks like geopolitical tensions and persistently high inflation remain. Real gross domestic product (gdp) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the third estimate.
In 2023, gdp growth was revised up to 2.9% from 2.5%, and for 2022, the gdp expanded 2.5%, 0.6 percentage point stronger than previously estimated. Us real gross domestic product rose by 1.6% (annualized) during the first quarter of 2024, well below the consensus forecast of 2.5%* and the conference boardโs forecast.