Us Gdp Q1 2024

Us Gdp Q1 2024. Gdp increased at a 1.6% rate in the first quarter, less than expected. Gdp advances an annualized 1.6%, slower than all projections;

View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the u.s. Overall, we expect the us economy to post real gdp growth of 2.4% this year, but for growth to slow to 1.1% in 2025.