Us Gdp 2024 Q2. Gross domestic product, adjusted for inflation, increased at a 2.8 percent annual rate in the second quarter, the commerce department said on thursday. The bureau of economic analysis's advance estimate of second quarter us gross domestic product (gdp) showed the economy grew at an annualized pace of 2.8% during the.
The latest gdp report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023. In the first quarter, real gdp increased 1.4 percent.