Us Economic Growth Forecast 2024. The initial gdpnow model estimate for real gdp growth (seasonally adjusted annual rate) in the third quarter of 2024 is 2.8 percent. The us economy expanded an annualized 1.4% in q1 2024, slightly higher than 1.3% in the second estimate, but continuing to point to the lowest growth since the contractions.
We forecast real gdp growth of 0.9% in 2023 and 0.8% in 2024, and headline cpi inflation of 4.0% and 2.8%, respectively. The forecast for q2 2024 shows confidence in the us economy, supported by consumer spending, business investment, and a robust job market.
Us Economic Growth Forecast 2024 Images References :