Us Gdp 2024 Q1 . Gross domestic product increased at a 1.6% annualized rate last quarter, the commerce department said in its advance estimate on thursday. Gdp growth lost steam in q1, falling to 1.6% in seasonally adjusted annualized rate.
Us real gdp increased at an annualized rate of 2.8% in the second quarter, way above. The initial gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.8 percent on july 26.
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