Gdp 2024 Q2. Real gross domestic product (gdp) increased at an annual rate of 3.0 percent in the second quarter of 2024, according to the “second” estimate. Economic growth accelerated briskly, with gdp increasing at a 2.8% rate.
The gross domestic product (gdp), a measure of the nation’s economic output, grew at an annualized rate of 2.8% in the second quarter, double the 1.4% rate. The newest gdp reading offers a snapshot of a strong economy that has slowed since 2023.