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The Gross Domestic Product (GDP) in the United States expanded 2.80 percent in the third quarter of 2024 over the previous quarter. GDP Growth Rate in the United States is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.
6 ημέρες πριν · Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024, according to the “second” estimate. In the second quarter, real GDP increased 3.0 percent. The increase in the third quarter primarily reflected increases in consumer spending, exports, federal government spending, and business investment.
See the annual percentage growth rate of GDP at market prices based on constant 2010 U.S. dollars for the United States from 1960 to 2024. Compare the U.S. with other countries by GDP growth rate and download historical data.
5 ημέρες πριν · Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024 (table 1), according to the "second" estimate released by the U.S. Bureau of Economic Analysis.In the second quarter, real GDP increased 3.0 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month.
World Bank national accounts data, and OECD National Accounts data files.
6 ημέρες πριν · GDP measures the value of the final goods and services produced in the United States (without double counting the intermediate goods and services used up to produce them). Changes in GDP are the most popular indicator of the nation's overall economic health.
GDP Annual Growth Rate in the United States averaged 3.15 percent from 1948 until 2024, reaching an all time high of 13.40 percent in the fourth quarter of 1950 and a record low of -7.50 percent in the second quarter of 2020. source: U.S. Bureau of Economic Analysis