Us Gdp 2024 Q1 Results. Real gross domestic product increased at an annual rate of 1.4 percent in the first quarter of 2024, according to the “third” estimate. Real gdp was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by dow jones.
The gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.5 percent on october 1, down from 3.1 percent on september 27. Real gross domestic product increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the “advance” estimate.