Us Gdp Growth Q1 2024

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Us Gdp Growth Q1 2024. Us real gross domestic product rose by 1.6% (annualized) during the first quarter of 2024, well below the consensus forecast of 2.5%* and the conference board’s forecast. (gdp) estimates, in chained volume measures and current market prices.


Us Gdp Growth Q1 2024

Economy continued its recent strong stretch this summer, bolstered by hefty consumer and government spending. Gdpnow is a nowcasting model for gross domestic product (gdp) growth that synthesizes the bridge equation approach relating gdp subcomponents to monthly source.

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