Us Gdp 2024 Q2 Predictions

Us Gdp 2024 Q2 Predictions. In the first quarter, real gdp increased 1.4 percent. Real gross domestic product (gdp) in the us grew at an annualized rate of 3.0% in the second quarter of 2024, up from 2.8% in the initial estimate and 1.4% in the first quarter.

We expect real gdp growth to walk the line between a slight expansion and contraction for much of next. The gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 3.4 percent on october 18, unchanged from october 17 after rounding.