Us Gdp 2024 Q1 Earnings. The us economy expanded an annualized 2.8% in q3 2024, below 3% in q2 and forecasts of 3%, the advance estimate from the bea showed. We continue to expect two rate cuts of 25 basis points (bps) in 2024, in july and november, as core disinflation reasserts itself and labor market conditions soften.
United states gdp growth rate. The distribution of spending remained uneven, with service.