2nd Quarter 2024 Gdp Usa. Real gross domestic product (gdp) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the “second” estimate. The q3 2024 forecast indicates how robust consumer spending, high business investment, and lower interest rates have kept optimism about the us economy intact.

Gross domestic product rose at a 2.8 percent annual rate in the second quarter, new evidence of the economy’s resilience despite high interest rates. Growth is expected to slow this year as high interest rates take a bigger toll.