2nd Quarter 2024 Gdp Report. Real gross domestic product (gdp) increased at an annual rate of 2.8 percent in the second quarter of 2024, according to the “advance” estimate. The us economy grew at a 3% annualized pace in the second quarter, a faster rate than wall street had expected.
The us economy grew at a 3% annualized pace in the second quarter, a faster rate than wall street had expected. The average of gdp and gdi, also referred to as gross domestic output and considered a better measure of economic activity, increased at a 3.2% rate last quarter.
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