Us Gdp 2024 Q1 Earnings. 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.
Real gross domestic product increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the โadvanceโ estimate. In the fourth quarter of 2023, real gdp increased 3.4 percent.